Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Australia
Persons, Annual, Not Seasonally Adjusted
LFEM55TTAUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,065,389.00
Year-over-Year Change
29.75%
Date Range
1/1/1979 - 1/1/2024
Summary
This trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis. It provides key insights into overall labor force participation and employment levels.
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' series tracks the total civilian labor force employed in the U.S. across all industries and occupations. This metric is widely used by economists and policymakers to analyze long-term employment trends and workforce dynamics.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
This employment trend is a crucial input for assessing the health of the broader U.S. economy and informing federal monetary and fiscal policies.
Key Facts
- The U.S. employed over 155 million people in 2021.
- Annual employment levels have grown by over 20% since 2010.
- Service-providing industries account for the majority of U.S. employment.
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, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into overall labor force participation and employment levels, which are key indicators of economic health and performance.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: This employment trend is a crucial input for assessing the health of the broader U.S. economy and informing federal monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a slight delay, and represents the civilian labor force across the United States.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM55TTAUA647N), retrieved from FRED.