Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Estonia
Persons, Annual, Seasonally Adjusted
LFEM24FEEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,150.00
Year-over-Year Change
6.73%
Date Range
1/1/2000 - 1/1/2024
Summary
This annual, seasonally adjusted series tracks the number of employed persons in the United States. It is a key indicator of the overall health and growth 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 'Persons, Annual, Seasonally Adjusted' metric represents the total number of people employed in the U.S. economy on an annual basis, with seasonal fluctuations removed. It is a widely-watched economic statistic used to assess employment trends and labor force dynamics.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment figure is closely monitored by policymakers, economists, and investors to gauge the strength of the U.S. economy.
Key Facts
- The U.S. employed over 159 million people in 2021.
- Employment levels have rebounded since the COVID-19 recession.
- Service sectors account for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employed persons in the United States on an annual basis, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a key barometer of the overall health of the U.S. economy and labor market, and is closely watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Employment figures are a crucial input for monetary and fiscal policymaking, as they inform decisions around interest rates, government spending, and other economic interventions.
Q: Are there update delays or limitations?
A: This annual, seasonally adjusted series is published with a slight delay, but provides a comprehensive picture of U.S. employment trends over time.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM24FEEEA647S), retrieved from FRED.