Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Sweden
Persons, Annual, Seasonally Adjusted
LFEM55TTSEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
993,525.00
Year-over-Year Change
18.74%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the total number of employed persons in the United States on an annual, seasonally adjusted basis. Understanding employment levels is crucial for policymakers and economists to assess the overall health of the labor market.
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 trend represents the total number of employed individuals in the U.S. economy over the course of a year, with seasonal variations removed. This key labor market indicator provides insights into workforce participation and economic growth.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
This employment statistic informs economic policies and is closely monitored by government agencies, central banks, and market analysts.
Key Facts
- The U.S. employed over 155 million people in 2022.
- Employment levels have steadily recovered since the 2020 pandemic recession.
- Seasonal adjustments account for recurring job market patterns throughout the year.
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: Understanding employment levels is crucial for policymakers and economists to assess the overall health of the labor market and the broader economy.
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 statistic informs economic policies and is closely monitored by government agencies, central banks, and market analysts.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with some minor delays in publication.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM55TTSEA647S), retrieved from FRED.