Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Portugal
Quarterly, Seasonally Adjusted
LFEAINTTPTQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
924,400.00
Year-over-Year Change
1.45%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic indicator measures total private employment in the United States on a quarterly, seasonally adjusted basis. It provides valuable insights into the overall health and trends of the U.S. labor market.
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 Quarterly, Seasonally Adjusted employment trend tracks the total number of private sector jobs in the U.S. economy, excluding government workers. It is a widely followed metric used by economists, policymakers, and market analysts to assess the broader employment conditions and economic performance.
Methodology
The data is collected through surveys of business establishments and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The U.S. economy added over 6 million private sector jobs in 2021.
- The unemployment rate fell to 3.5% in 2022, the lowest level in decades.
- Service-providing industries account for the majority of private employment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of private sector jobs in the U.S. economy on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly, Seasonally Adjusted employment trend is a key indicator of the overall health and performance of the U.S. labor market, providing valuable insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by the Federal Reserve and other government agencies to inform their decisions on monetary and fiscal policies aimed at promoting stable economic growth and full employment.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted employment data is released by the Bureau of Labor Statistics with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFEAINTTPTQ647S), retrieved from FRED.