Persons, Annual, Not Seasonally Adjusted
Persons, Annual, Seasonally Adjusted
LFEM74FEILA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,110,458.00
Year-over-Year Change
34.79%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic trend measures the total number of employed persons in the United States on an annual, seasonally adjusted basis. It is a key indicator of labor force participation and overall 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
The 'Persons, Annual, Seasonally Adjusted' series represents the total number of individuals employed in the U.S. economy, adjusted for typical seasonal variations. This metric is widely used by economists and policymakers to assess the strength of the labor market and broader macroeconomic conditions.
Methodology
The data is collected through the U.S. Current Population Survey, a comprehensive monthly household survey.
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. employed over 158 million people in 2022.
- Employment levels fell sharply during the COVID-19 pandemic but have since recovered.
- The U.S. unemployment rate was 3.5% as of December 2022.
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: Total employment is a key indicator of labor market strength and overall economic activity, making it essential for economists, policymakers, and market analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a comprehensive monthly household survey.
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 annual, seasonally adjusted employment data is typically published with a short lag, providing timely insights into the state of the U.S. labor market.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM74FEILA647S), retrieved from FRED.