Persons, Annual, Not Seasonally Adjusted
LFEMTTFEO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
258,181,000.00
Year-over-Year Change
13.09%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the total annual employment of persons in the United States, without seasonal adjustments. It provides insights into long-term labor market dynamics.
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' statistic tracks the total number of employed individuals in the U.S. on an annual basis, without accounting for typical seasonal fluctuations. This gives economists and policymakers a clearer picture of underlying employment trends.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is widely used to analyze the health and trajectory of the U.S. labor market.
Key Facts
- The annual employment level reached a record high of 155.5 million in 2019.
- Employment declined sharply in 2020 due to the COVID-19 pandemic.
- The annual employment metric excludes seasonal variations like holiday hiring.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment of persons in the United States, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into long-term employment dynamics, beyond temporary seasonal fluctuations, which is crucial for economic analysis and policymaking.
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: This annual employment statistic is widely used by economists, policymakers, and analysts to assess the overall health and trajectory of the U.S. labor market.
Q: Are there update delays or limitations?
A: There may be some delays in data updates, as the annual employment figures are released with a lag compared to monthly employment statistics.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEMTTFEO1A647S), retrieved from FRED.