Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Estonia
Annual, Seasonally Adjusted
LFHUTTTTEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,416.67
Year-over-Year Change
-16.08%
Date Range
1/1/1997 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted employment level in the United States. It is a key economic indicator used by policymakers and analysts to assess the overall health of the 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 Annual, Seasonally Adjusted employment level tracks the total number of employed persons in the U.S. on an annual basis, with seasonal fluctuations removed. This broad metric provides insight into long-term employment trends and serves as an important barometer of economic activity.
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 economists closely monitor this employment trend to inform decisions on monetary and fiscal policy.
Key Facts
- The annual employment level reached a record high of 158.8 million in 2019.
- The COVID-19 pandemic caused a sharp decline in employment in 2020.
- The employment rate has steadily recovered since the 2020 recession.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of employed persons in the United States on an annual basis, with seasonal factors removed.
Q: Why is this trend relevant for users or analysts?
A: The annual, seasonally adjusted employment level is a key indicator of the overall health of the labor market and the broader economy.
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 economists closely monitor this employment trend to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The annual employment data is typically published with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUTTTTEEA647S), retrieved from FRED.