Infra-Annual Labor Statistics: Employment Female: From 15 to 74 Years for Portugal
Persons, Annual, Seasonally Adjusted
LFEM74FEPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,509,400.00
Year-over-Year Change
23.19%
Date Range
1/1/1998 - 1/1/2024
Summary
This annual, seasonally adjusted series measures the total number of employed persons in the United States. It serves as a key economic indicator for labor market trends and workforce participation.
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 tracks the total number of employed individuals in the U.S. economy. It is a widely referenced metric for monitoring the health and growth of the labor market, providing insights into workforce dynamics and economic activity.
Methodology
The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
Policymakers and analysts utilize this employment trend to assess the broader economic landscape and inform decisions around monetary and fiscal policies.
Key Facts
- The annual employment figure reached a record high of 157.5 million in 2019.
- The COVID-19 pandemic led to a sharp decline in employment, with the figure dropping to 142.2 million in 2020.
- The employment-population ratio, a related metric, stood at 59.5% in 2021.
FAQs
Q: What does this economic trend measure?
A: The Persons, Annual, Seasonally Adjusted series tracks the total number of employed individuals in the U.S. economy on an annual basis, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of the overall health and strength of the labor market, providing insights into workforce dynamics, economic activity, and the broader macroeconomic environment.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts utilize this employment trend to assess the broader economic landscape and inform decisions around monetary and fiscal policies, such as interest rates, government spending, and employment initiatives.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a lag of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM74FEPTA647S), retrieved from FRED.