Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Portugal
Quarterly, Not Seasonally Adjusted
LFEASETTPTQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,756,100.00
Year-over-Year Change
6.21%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the total employment level in the U.S. economy on a quarterly basis without seasonal adjustments. It provides important insights into the underlying state of the 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, Not Seasonally Adjusted employment series tracks the total number of employed persons in the United States. It is a widely referenced indicator of the overall health and direction of the economy, used by policymakers, analysts, and businesses.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This unadjusted employment figure is a key input for understanding economic growth, consumer demand, and labor market dynamics.
Key Facts
- The employment level reached a record high of 158.8 million in Q4 2019.
- Quarterly employment saw its largest single-quarter drop of 22.2 million in Q2 2020 due to the COVID-19 pandemic.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on a quarterly basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted employment figure is a key indicator of the overall health and direction of the economy, used by policymakers, analysts, and businesses to understand labor market dynamics and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The quarterly employment level is closely monitored by the Federal Reserve and other policymakers to assess the strength of the labor market and guide decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The employment data is released with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEASETTPTQ647N), retrieved from FRED.