Annual, Not Seasonally Adjusted
LFHU24TTG7A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,999,000.00
Year-over-Year Change
-15.77%
Date Range
1/1/1995 - 1/1/2016
Summary
This annual, not seasonally adjusted series measures the employment rate for the U.S. population aged 24-55 years old. It provides insight into the overall health and engagement of the working-age population, a key factor for economic growth and productivity.
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 employment rate measures the percentage of the working-age population that is employed. This metric is closely watched by economists and policymakers as it reflects the utilization of the labor force and the overall strength of the economy.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Employment rates are a core input for economic analysis and policy decisions related to the labor market.
Key Facts
- The annual employment rate for 24-55 year olds averaged 77.7% in 2021.
- Employment rates for this age group have remained relatively stable over the past decade.
- The employment rate is a key indicator of economic health and labor market conditions.
FAQs
Q: What does this economic trend measure?
A: This series measures the employment rate, or percentage of the 24-55 year old population that is employed, on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The employment rate for working-age adults is a crucial indicator of economic strength and labor market conditions. It provides insight into the overall utilization of the labor force, which is a key driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Employment rates are closely monitored by economists, policymakers, and institutions to assess the health of the labor market and broader economy. This data informs policy decisions related to employment, workforce development, and economic stimulus.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted series is published with a lag, typically a few months after the end of the calendar year. There may also be revisions to historical data over time.
Related Trends
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for G7
G7LFEMTTMAGPQ
Balance of Payments: Capital Account: Expenditure for G7
G7B6CADB00CXCUQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for G7
G7LFIN64FESTQ
Balance of Payments: Services: Revenue for G7
G7B6CRSE01CXCUQ
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for G7
G7LFEMTTTTSTQ
Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: Females for G7
G7LFHUADFESTSAM
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHU24TTG7A647S), retrieved from FRED.