Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Australia
Persons, Annual, Not Seasonally Adjusted
LFEM64TTAUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,606,460.00
Year-over-Year Change
24.01%
Date Range
1/1/1979 - 1/1/2024
Summary
This economic trend measures the total number of persons employed annually in the United States, without seasonal adjustments. It provides important insights into long-term labor force participation and employment 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 count of employed individuals in the U.S. on a yearly basis, without accounting for seasonal fluctuations. This unadjusted data offers a raw view of underlying employment trends over time.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely used by economists, policymakers, and market analysts to assess the overall health and trajectory of the U.S. labor market.
Key Facts
- The U.S. employed over 157 million people annually as of the latest data.
- Employment levels have steadily increased over the past decade.
- The annual employment metric does not adjust for seasonal hiring patterns.
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 basis, without adjusting for seasonal variations in hiring.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted annual employment data provides valuable insights into long-term labor force participation and broader economic conditions that are important for policymakers, economists, and market analysts.
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 metric is widely used by government, academic, and private sector analysts to assess the overall health and trajectory of the U.S. labor market, which informs economic policymaking.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the annual nature of the metric means it does not capture seasonal employment fluctuations.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM64TTAUA647N), retrieved from FRED.