Persons, Quarterly
LFEM55TTO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94,302,000.00
Year-over-Year Change
9.72%
Date Range
1/1/2005 - 4/1/2017
Summary
The 'Persons, Quarterly' series measures the total number of employed persons in the United States on a quarterly basis. This metric is a key indicator of labor market health and economic activity.
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
This data series from the U.S. Bureau of Labor Statistics tracks the total number of employed persons in the civilian non-institutional population, reported quarterly. It is a broad measure of labor force participation and employment levels, used by economists and policymakers to assess the overall state of the U.S. economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Trends in total employment are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. had over 158 million employed persons as of the latest quarter.
- Employment levels have recovered to pre-pandemic highs.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Quarterly' series measures the total number of employed persons in the U.S. civilian non-institutional population on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market health and overall economic activity, used by economists, policymakers, and analysts to assess the state of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in total employment are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a short lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Persons, Quarterly (LFEM55TTO1Q647N), retrieved from FRED.