Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Germany
Persons, Annual, Not Seasonally Adjusted
LFEMTTTTDEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42,702,600.00
Year-over-Year Change
9.14%
Date Range
1/1/1962 - 1/1/2024
Summary
This trend measures the total number of people employed in the United States on an annual basis. It provides important insights into the overall health and dynamics 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, Not Seasonally Adjusted data series tracks the total employment level in the U.S. across all industries and occupations. It is a key economic indicator used by policymakers, analysts, and researchers to evaluate macroeconomic conditions and employment trends.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
This employment measure is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- Total U.S. employment reached a record high of over 158 million in 2019.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic.
- The services sector accounts for the largest share of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the United States on an annual basis, providing insights into overall employment levels and labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: The total employment level is a key economic indicator used by policymakers, analysts, and researchers to evaluate the health and performance of the U.S. labor market and broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through household surveys.
Q: How is this trend used in economic policy?
A: This employment measure is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions, such as adjustments to interest rates and other monetary policy tools.
Q: Are there update delays or limitations?
A: The data is released on an annual basis, so there may be a delay in accessing the most recent employment figures.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEMTTTTDEA647N), retrieved from FRED.