Persons, Quarterly, Seasonally Adjusted
LFEMTTFEO1Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
261,677,000.00
Year-over-Year Change
4.96%
Date Range
1/1/2005 - 4/1/2017
Summary
This U.S. economic indicator tracks the quarterly, seasonally adjusted number of persons employed. It provides a high-level view of the labor market's performance and is closely monitored by economists and policymakers.
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, Quarterly, Seasonally Adjusted series measures the total number of employed persons in the United States on a quarterly basis, with seasonal variations removed. This metric is a key indicator of the overall health and direction of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this indicator to assess the broader economic conditions and inform decisions around employment, monetary, and fiscal policies.
Key Facts
- The series is updated quarterly by the U.S. Federal Reserve.
- Seasonally adjusted data removes regular patterns caused by weather, holidays, and other predictable factors.
- The employment level is a leading indicator of economic health and consumer spending.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employed persons in the United States on a quarterly basis, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a key measure of the overall health and direction of the U.S. labor market, making it a crucial indicator 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 joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess broader economic conditions and inform decisions around employment, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The series is updated quarterly by the U.S. Federal Reserve, with a slight delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEMTTFEO1Q647S), retrieved from FRED.