Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Luxembourg
Persons, Annual, Seasonally Adjusted
LFEMTTMALUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171,375.00
Year-over-Year Change
29.85%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the total number of persons employed 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 tracks the total employment level in the U.S. economy. It is a widely-followed statistic used by economists, policymakers, and analysts to assess the strength and trajectory of the labor market.
Methodology
The data is collected through monthly surveys of U.S. households by the Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by the Federal Reserve and other institutions for insights into macroeconomic conditions and policy decisions.
Key Facts
- The U.S. employed over 158 million people annually as of the latest data.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- The employment-population ratio was 60.1% in 2022, up from 57.4% in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Seasonally Adjusted' trend measures the total number of people employed in the United States on an annual basis, with seasonal factors removed.
Q: Why is this trend relevant for users or analysts?
A: This employment statistic is a key indicator of the overall strength of the U.S. labor market and economy. It is closely watched by policymakers, economists, and investors for insights into macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions use this employment trend as an input for monetary policy decisions and assessments of the broader economy.
Q: Are there update delays or limitations?
A: The employment data is released monthly with a typical lag of around one month from the reference period.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEMTTMALUA647S), retrieved from FRED.