Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Luxembourg
Persons, Quarterly, Seasonally Adjusted
LFEM24MALUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,000.00
Year-over-Year Change
33.33%
Date Range
1/1/2007 - 1/1/2025
Summary
This quarterly, seasonally adjusted data series measures the total number of persons employed in the United States. It is a key economic indicator used by policymakers and analysts to assess the overall health 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 Persons, Quarterly, Seasonally Adjusted series represents the total number of individuals employed across all sectors of the U.S. economy. It is a widely referenced data point that provides insights into workforce participation, economic productivity, and consumer demand.
Methodology
This data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The employment level is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The employment level reached a record high of 158.8 million in February 2020.
- Employment fell sharply during the COVID-19 pandemic, declining by over 22 million jobs in April 2020.
- The unemployment rate peaked at 14.7% in April 2020 before gradually declining.
FAQs
Q: What does this economic trend measure?
A: The Persons, Quarterly, Seasonally Adjusted series measures the total number of individuals employed across all sectors of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a key indicator of economic health and consumer demand, and is closely monitored by policymakers and market analysts.
Q: How is this data collected or calculated?
A: This data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment level is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM24MALUQ647S), retrieved from FRED.