Employed Population: Aged 55-64: All Persons for the European Union
Persons, Quarterly, Not Seasonally Adjusted
LFEM55TTEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,418,900.00
Year-over-Year Change
12.97%
Date Range
4/1/2000 - 10/1/2019
Summary
This quarterly employment trend measures the number of persons employed in the U.S. economy. It provides valuable insights into the state of the labor market and overall economic conditions.
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, Not Seasonally Adjusted' series tracks total employment levels in the United States on a quarterly basis. This key metric is widely used by economists, policymakers, and market analysts to assess the strength and trajectory of the U.S. labor force.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored for its implications on consumer spending, inflation, and monetary policy decisions.
Key Facts
- The quarterly employment figure stood at XX.X million in the most recent quarter.
- This trend has shown a steady increase/decrease over the past year.
- Employment levels are a key input for the Federal Reserve's policy decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Quarterly, Not Seasonally Adjusted' series tracks the total number of people employed in the U.S. economy on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a crucial indicator of the overall health and direction of the U.S. economy, with implications for consumer spending, inflation, and monetary policy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this employment trend to assess the strength of the labor market and make informed decisions about economic and monetary policy.
Q: Are there update delays or limitations?
A: This quarterly employment data is released with a slight delay, typically within a few weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Not Seasonally Adjusted (LFEM55TTEUQ647N), retrieved from FRED.