Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Portugal
Persons, Annual, Not Seasonally Adjusted
LFEM24TTPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
294,250.00
Year-over-Year Change
14.94%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the U.S. on an annual, non-seasonally adjusted basis. It provides insight into overall employment levels and labor market dynamics.
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, Not Seasonally Adjusted' metric tracks the total number of employed individuals in the United States over a 12-month period. This is a key indicator used by economists and policymakers to assess the health and strength of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This employment trend is widely monitored by the Federal Reserve, government agencies, and private sector analysts to inform economic policy and investment decisions.
Key Facts
- The U.S. employed over 157 million people on an annual basis in 2022.
- Employment levels fluctuate seasonally, with peaks typically in the summer months.
- The COVID-19 pandemic caused a significant drop in U.S. employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of the overall health and strength of the U.S. labor market, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), 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: This employment trend is widely monitored by the Federal Reserve, government agencies, and private sector analysts to inform economic policy and investment decisions.
Q: Are there update delays or limitations?
A: The annual, non-seasonally adjusted employment data is typically published with a lag of several months, reflecting the time required to collect and process the survey responses.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM24TTPTA647N), retrieved from FRED.