Persons, Quarterly, Seasonally Adjusted
LFEM64TTG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
338,789,000.00
Year-over-Year Change
3.16%
Date Range
1/1/2005 - 4/1/2017
Summary
This quarterly, seasonally adjusted series tracks the total number of employed persons in the United States. It serves as a key metric for monitoring the overall health and trends in the U.S. 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, Quarterly, Seasonally Adjusted series measures the total number of individuals employed in the U.S. economy on a quarterly basis, with seasonal adjustments to account for predictable fluctuations. This data point is widely used by economists, policymakers, and analysts to assess the strength of the labor market and the broader economy.
Methodology
The data is collected through the Current Population Survey (CPS), a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by the Federal Reserve and other institutions to inform economic and policy decisions.
Key Facts
- The U.S. labor force includes over 160 million employed and unemployed individuals.
- The employment-population ratio is a key metric derived from this data series.
- Quarterly employment data helps track the business cycle and identify economic turning points.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of employed persons in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a crucial indicator of the overall health and strength of the U.S. labor market and economy.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau and Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and institutions like the Federal Reserve closely monitor this employment data to inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month after the end of the reference period.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for G7
G7LFEM64FEGPQ
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for G7
G7NAEXKP01GPSAQ
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for G7
G7LREM24FESTSAQ
Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for G7
G7LFAC25TTSTQ
Balance of Payments: Services: Balance (Revenue Minus Expenditure) for G7
G7B6BLSE01CXCUQ
Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for G7
G7LFEAMNTTSTSAQ
Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM64TTG7Q647S), retrieved from FRED.