Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Canada
Persons, Annual, Seasonally Adjusted
LFEMTTTTCAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,730,530.00
Year-over-Year Change
18.92%
Date Range
1/1/1955 - 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 the overall 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
The 'Persons, Annual, Seasonally Adjusted' series tracks the total employment levels in the United States across all sectors. It is a widely followed metric used by economists, policymakers, and analysts to assess the state of the economy and inform decision-making.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other government institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. employed over 150 million people in 2022.
- Employment levels have steadily recovered since the COVID-19 pandemic.
- 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 persons employed in the United States on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a crucial indicator of the overall health and strength of the U.S. economy, and this trend is closely monitored by economists, policymakers, and market participants.
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 employment trend is closely watched by the Federal Reserve and other government institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of several weeks between the reference period and publication.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEMTTTTCAA647S), retrieved from FRED.