Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Russia
Persons, Quarterly
LFEM74TTRUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72,262,020.00
Year-over-Year Change
-0.29%
Date Range
1/1/1999 - 10/1/2021
Summary
The 'Persons, Quarterly' economic trend measures the total number of employed persons in the United States on a quarterly basis. This metric is a key indicator of the health and strength of the U.S. labor market.
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
This series represents the total number of employed individuals in the U.S. economy, including both private and public sector workers. It is a widely followed measure of labor force participation and employment levels, providing insights into overall economic activity and productivity.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor this trend to assess the state of the job market and make informed decisions about economic and monetary policies.
Key Facts
- The U.S. employed over 159 million people as of the latest quarter.
- Employment levels have largely recovered to pre-pandemic highs.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Quarterly' trend measures the total number of employed persons in the United States on a quarterly basis, providing insights into the overall labor market and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the health and strength of the U.S. labor market, and is closely monitored by policymakers, economists, and investors to assess the state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to inform decisions about economic and monetary policies, as employment levels are a crucial factor in assessing the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Persons, Quarterly (LFEM74TTRUQ647N), retrieved from FRED.