Persons, Quarterly
LFEM24TTG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,072,000.00
Year-over-Year Change
3.91%
Date Range
4/1/2003 - 4/1/2017
Summary
The 'Persons, Quarterly' trend measures the total number of employed persons in the United States on a quarterly basis. This key labor market indicator is closely watched by economists and policymakers to assess the overall health of the economy.
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
This series represents the total number of employed individuals in the U.S. across all sectors and demographics. It is a widely used gauge of labor force participation and economic activity, providing insights into consumer spending, business investment, and other macroeconomic trends.
Methodology
The data is collected through the Current Population Survey (CPS), a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
The 'Persons, Quarterly' trend is an important input for monetary and fiscal policy decisions, as well as market analysis by investors and analysts.
Key Facts
- The U.S. employed over 158 million people as of Q4 2022.
- Employment levels have recovered to pre-pandemic highs.
- The labor force participation rate was 62.3% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Quarterly' trend measures the total number of employed persons in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This key labor market indicator is closely watched by economists and policymakers to assess the overall health of the economy, as it provides insights into consumer spending, business investment, and other macroeconomic trends.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), 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 'Persons, Quarterly' trend is an important input for monetary and fiscal policy decisions, as well as market analysis by investors and analysts.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of around one month after the end of the reference quarter.
Related Trends
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Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for G7
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Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for G7
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Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for G7
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National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for G7
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for G7
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Citation
U.S. Federal Reserve, Persons, Quarterly (LFEM24TTG7Q647N), retrieved from FRED.