Quarterly, Seasonally Adjusted
LFHUTTFEG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,586,000.00
Year-over-Year Change
-19.20%
Date Range
1/1/1991 - 7/1/2017
Summary
This economic series measures the quarterly, seasonally adjusted total employment in the United States. It is a key indicator of labor market conditions and economic growth.
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 Quarterly, Seasonally Adjusted employment data tracks the total number of individuals employed across all sectors of the U.S. economy on a quarterly basis. It is a widely followed metric that provides insight into the overall health and direction of the labor market.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, analysts, and investors to gauge the strength of the economy.
Key Facts
- The U.S. economy added over 6 million jobs in 2022.
- The unemployment rate fell to 3.5% in 2022, a 50-year low.
- Service sector jobs account for over 80% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of people employed in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Employment data is a crucial indicator of economic health and direction, providing insights into consumer spending, business investment, and overall growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor employment trends to assess the strength of the labor market and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The employment data is released on a quarterly basis, with a short delay to allow for data collection and processing.
Related Trends
Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for G7
G7LFUNTTTTSTQ
Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for G7
G7LFAC25MASTQ
Infra-Annual Labor Statistics: Working-Age Population Male: 15 Years or over for G7
G7LFWATTMASTQ
Composite Leading Indicators: Reference Series (GDP) Trend for G7
G7LORSGPTDSTSAM
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for G7
G7SLRTTO01IXOBSAM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for G7
G7LRHUADTTSTM
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUTTFEG7Q647S), retrieved from FRED.