Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Austria
Persons, Annual, Not Seasonally Adjusted
LFEM64TTATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,395,075.00
Year-over-Year Change
9.51%
Date Range
1/1/1999 - 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 insight into long-term employment patterns and labor market dynamics.
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 metric tracks the total number of persons employed in the U.S. economy over the course of a full calendar year. This broad measure is used by economists and policymakers to analyze employment trends and labor force participation.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is a key indicator of the overall health of the U.S. economy and can inform policy decisions.
Key Facts
- The annual, not seasonally adjusted employment level reached a high of 155.2 million in 2019.
- Employment fell sharply in 2020 due to the COVID-19 pandemic, declining to 147.8 million.
- The employment-population ratio was 58.7% in 2021, down from 60.8% in 2019.
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 broad employment metric provides insight into long-term labor market dynamics and is a key indicator of overall economic health.
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: This employment trend informs policy decisions by economists and policymakers assessing the state of the U.S. labor market and economy.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is subject to revisions and may have a longer publication lag compared to monthly figures.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM64TTATA647N), retrieved from FRED.