Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Canada
Annual, Seasonally Adjusted
LFEAAGTTCAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
289,041.70
Year-over-Year Change
-22.74%
Date Range
1/1/1956 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted total compensation for all employees in the U.S. It provides important insights into labor market conditions and employee income levels.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual, Seasonally Adjusted Total Compensation for All Employees metric tracks the average total compensation, including wages and benefits, for workers across the U.S. economy. It is a key indicator used by economists and policymakers to gauge the financial well-being of American households and the strength of the labor market.
Methodology
The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The metric is reported monthly by the U.S. Bureau of Labor Statistics.
- Total compensation includes wages, salaries, and employer-provided benefits.
- It covers all private and public sector employees in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average total compensation, including wages and benefits, for all employees across the U.S. economy on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the financial well-being of American households and the overall strength of the labor market, making it a key indicator for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this trend to inform economic and monetary policy decisions that impact employment, wages, and consumer spending.
Q: Are there update delays or limitations?
A: The data is reported monthly by the Bureau of Labor Statistics, with a typical release delay of 1-2 months.
Related Trends
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for Canada
LFUN64TTCAM647S
Composite Leading Indicators: Composite Leading Indicator (CLI) Normalized for Canada
CANLOLITONOSTSAM
Nominal External Balance of Goods and Services for Canada
NNXGSXDCCAA
Sales: Retail Trade: Car Registration: Passenger Cars for Canada
CANSLRTCR03MLM
Total Cost of Residential Construction for Canada
OPCNRE01CAM661N
Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Canada
LFUNTTTTCAM647S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted Total Compensation for All Employees (LFEAAGTTCAA647S), retrieved from FRED.