Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Sweden
Seasonally Adjusted
LFEMTTTTSEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,317,127.00
Year-over-Year Change
2.15%
Date Range
1/1/2001 - 1/1/2025
Summary
The Seasonally Adjusted Civilian Employment Rate measures the percentage of the civilian labor force that is employed, adjusted for seasonal variations. This metric is a key indicator of overall economic health and labor market conditions.
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 Seasonally Adjusted Civilian Employment Rate is a monthly data series published by the U.S. Bureau of Labor Statistics. It provides a seasonally adjusted estimate of the proportion of the civilian labor force that is currently employed, which is a widely used gauge of labor market tightness and economic growth.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor this indicator to assess the strength of the U.S. economy and inform economic and labor market policies.
Key Facts
- The employment rate averaged 59.9% in 2022.
- Employment levels have recovered to pre-pandemic levels.
- The employment rate reached a low of 51.3% during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Civilian Employment Rate measures the percentage of the civilian labor force that is employed, after adjusting for seasonal variations in employment patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of overall economic health and labor market conditions, providing insights into the strength of the U.S. economy and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Seasonally Adjusted Civilian Employment Rate to assess the strength of the labor market and the broader economy, which informs economic and labor market policies.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted Civilian Employment Rate is published monthly by the Bureau of Labor Statistics, with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Civilian Employment Rate (LFEMTTTTSEQ647S), retrieved from FRED.