Employed Population: Aged 55-64: Males for the European Union
Persons, Quarterly, Seasonally Adjusted
LFEM55MAEUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,321,520.08
Year-over-Year Change
12.39%
Date Range
1/1/2005 - 10/1/2019
Summary
This economic trend measures the number of persons employed in the U.S. on a quarterly basis, adjusted for seasonal variations. It provides important insights into labor market dynamics and economic health.
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 on a quarterly frequency. This key labor market indicator is used by economists and policymakers to analyze employment trends and assess the overall strength of the economy.
Methodology
The data is collected through the Current Population Survey, a comprehensive household survey conducted by the U.S. Census Bureau.
Historical Context
This employment metric is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The U.S. employed 164.1 million people in Q4 2022.
- Employment levels have rebounded since the COVID-19 pandemic.
- The labor force participation rate was 62.3% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on a quarterly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of economic health and labor market conditions, providing important insights for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a comprehensive household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Persons, Quarterly, Seasonally Adjusted trend is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight lag to allow for survey collection and processing.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM55MAEUQ647S), retrieved from FRED.