Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Czechia
Persons, Annual, Seasonally Adjusted
LFEM74TTCZA647S • 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 trend measures the total number of persons employed in the United States on an annual, seasonally adjusted basis. It serves as a key indicator of the overall state of the U.S. labor market and economy.
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 data series tracks the total number of employed persons in the United States over a 12-month period, adjusting for seasonal fluctuations. This metric is widely used by economists and policymakers to assess the health and trajectory of the U.S. job market.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
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 annually as of the latest data.
- Employment levels typically peak in the summer and decline in the winter due to seasonal factors.
- Total employment is a lagging economic indicator, reflecting broader trends in economic growth and activity.
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, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Total employment is a key indicator of the overall health and direction of the U.S. labor market and economy, making it essential for economic analysis and policymaking.
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: 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 data is released on a monthly basis, with a typical 1-month lag in reporting.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM74TTCZA647S), retrieved from FRED.