Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Czechia
Persons, Annual, Not Seasonally Adjusted
LFEM74TTCZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,170,975.00
Year-over-Year Change
5.88%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the total number of persons employed annually in the United States, without seasonal adjustments. It provides valuable insights into long-term employment patterns.
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' series tracks the total number of individuals employed in the U.S. on a yearly basis, unadjusted for seasonal variations. This metric is widely used by economists and policymakers to analyze broad employment trends and labor market dynamics.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Key Facts
- The annual employment figure reached a record high of 157.5 million in 2019.
- Employment declined sharply in 2020 due to the COVID-19 pandemic.
- The U.S. labor force participation rate was 61.7% in 2021.
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.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into long-term employment patterns and labor market dynamics, which are crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a few months' delay and may be subject to revisions.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM74TTCZA647N), retrieved from FRED.