Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Portugal
Persons, Annual, Seasonally Adjusted
LFEM74TTPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,083,400.00
Year-over-Year Change
21.20%
Date Range
1/1/1998 - 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 market conditions 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 employed individuals in the U.S. economy, adjusted for seasonal fluctuations. It is a widely-tracked metric used by economists, policymakers, and analysts to gauge the strength and trends in the labor market.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment statistic is closely monitored for its implications on consumer spending, inflation, and monetary/fiscal policy decisions.
Key Facts
- The U.S. employed over 158 million people in 2022.
- Employment levels have returned to pre-pandemic highs.
- The services sector accounts for the majority of U.S. employment.
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: This employment statistic is a key indicator of labor market conditions and overall economic activity, making it highly relevant for economists, policymakers, and market analysts.
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 employment trend is closely monitored for its implications on consumer spending, inflation, and monetary/fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a one-month lag, and is subject to periodic revisions.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM74TTPTA647S), retrieved from FRED.