Persons, Quarterly, Seasonally Adjusted
LFEM24MAO1Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,837,000.00
Year-over-Year Change
3.62%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the number of employed persons in the U.S. on a quarterly, seasonally adjusted basis. It is a key indicator of labor market strength and economic performance.
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 tracks the total number of employed individuals in the United States, adjusted to account for seasonal fluctuations. This data point is widely used by economists and policymakers to analyze the health of the overall job market.
Methodology
The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the 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. employed over 159 million people as of the latest quarter.
- Employment levels have steadily recovered since the COVID-19 recession.
- The labor force participation rate stands at around 62% as of the most recent data.
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, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a crucial indicator of the overall health of the labor market and the broader economy. It is closely watched by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment level is a key input for the Federal Reserve and other government agencies when formulating monetary and fiscal policies to support the economy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several weeks from the end of the reference period. There may be revisions to previous quarters' data as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM24MAO1Q647S), retrieved from FRED.