Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Luxembourg
Persons, Annual, Seasonally Adjusted
LFEM55TTLUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,125.00
Year-over-Year Change
76.12%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the total number of employed persons in the United States on an annual, seasonally adjusted basis. It provides a comprehensive overview of the U.S. labor market and is a key indicator for economists and policymakers.
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, Seasonally Adjusted metric tracks the total number of employed individuals in the U.S. economy, including both full-time and part-time workers. It is a widely used measure of labor force participation and overall economic activity.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other policymakers to gauge the health of the U.S. labor market and inform economic policy decisions.
Key Facts
- The U.S. employed a total of 155.3 million persons in 2022.
- Employment levels have recovered to pre-pandemic highs.
- The labor force participation rate was 62.2% as of January 2023.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Persons, Annual, Seasonally Adjusted metric is a key indicator of labor market health and overall economic activity, making it essential for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by the Federal Reserve and other policymakers to gauge the health of the U.S. labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a slight delay, and it may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM55TTLUA647S), retrieved from FRED.