Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Estonia
Monthly
LFHUADTTEEM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,000.00
Year-over-Year Change
20.69%
Date Range
1/1/2000 - 11/1/2023
Summary
The 'Monthly' economic trend measures the employment level of the U.S. population, which is a key indicator of 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
This data series tracks the total number of employed persons in the United States on a monthly basis. It is a widely followed metric that provides insight into the overall strength of the job market and consumer spending power.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this employment metric to inform economic forecasts and guide fiscal and monetary policy decisions.
Key Facts
- The U.S. employment level reached a record high of 158.8 million in February 2020.
- Employment fell sharply in 2020 due to the COVID-19 pandemic but has been recovering since.
- The employment-population ratio is a related metric that measures the percentage of the adult population that is employed.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the total number of employed persons in the United States on a monthly basis, providing insight into the strength of the job market.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of economic health and consumer spending power, and is closely watched by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment data to inform economic forecasts and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The employment data is released on a monthly basis with a relatively short delay, providing timely insight into labor market conditions.
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Citation
U.S. Federal Reserve, Monthly (LFHUADTTEEM647N), retrieved from FRED.