Persons, Annual, Not Seasonally Adjusted
LFIN25TTO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93,515,000.00
Year-over-Year Change
-4.37%
Date Range
1/1/2005 - 1/1/2016
Summary
This annual economic trend measures the total number of persons employed in the U.S. non-farm labor force. It provides valuable insights into the overall health and dynamics of the national workforce.
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 Persons, Annual, Not Seasonally Adjusted indicator tracks the total employment levels across all major U.S. industries, excluding agricultural jobs. This broad measure is widely used by economists and policymakers to analyze long-term employment trends and inform economic policy decisions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This employment trend is a key input for evaluating the performance of the U.S. economy and the effectiveness of fiscal and monetary policies.
Key Facts
- The annual employment level reached a record high of 155.2 million in 2019.
- The employment rate declined sharply in 2020 due to the COVID-19 pandemic.
- The services sector accounts for the largest share of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the U.S. non-farm labor force on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This broad employment measure provides valuable insights into the overall health and dynamics of the U.S. workforce, which is a key indicator of economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is a crucial input for evaluating the effectiveness of fiscal and monetary policies and informing decisions by policymakers, economists, and market analysts.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a lag of several months, and it does not capture seasonal employment fluctuations.
Related Trends
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for OECD
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Infra-Annual Labor Statistics: Working-Age Population Male: From 55 to 64 Years for OECD
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Infra-Annual Labor Statistics: Employment Female: From 25 to 54 Years for OECD
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Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for OECD
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Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for OECD
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for OECD
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFIN25TTO1A647S), retrieved from FRED.