Quarterly, Seasonally Adjusted
LFUNTTFEG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,611,000.00
Year-over-Year Change
-18.80%
Date Range
4/1/1999 - 4/1/2017
Summary
The 'Quarterly, Seasonally Adjusted' series measures the total employment level in the United States, providing key insights into the 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
This economic indicator tracks the total number of people employed in the U.S. on a quarterly basis, with seasonal adjustments to account for predictable fluctuations. It is a widely followed metric that reflects overall economic conditions and is used by policymakers, analysts, and businesses to gauge workforce trends.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This employment statistic informs decisions around monetary and fiscal policy, as well as business planning and investment strategies.
Key Facts
- The U.S. employment level reached a record high of 158.8 million in Q1 2020.
- Employment fell sharply during the COVID-19 pandemic, declining by over 22 million jobs in Q2 2020.
- The labor force participation rate was 62.3% as of Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted' series tracks the total number of people employed in the United States on a quarterly basis, with adjustments made to account for seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This employment indicator is a key metric used by policymakers, economists, and businesses to assess the overall health of the labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is gathered through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Employment figures inform decisions around monetary and fiscal policy, as well as business planning and investment strategies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately one month after the end of each quarter.
Related Trends
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for G7
G7LFAC24MASTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for G7
G7LFIN55MASTQ
Infra-Annual Labor Statistics: Unemployment Female: From 15 to 64 Years for G7
G7LFUN64FESTSAQ
Production: Construction: Total construction: Total for G7
G7PRCNTO01IXOBSAM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 25 to 54 Years for G7
G7LFIN25FESTQ
Balance of Payments: Services: Revenue for G7
G7B6CRSE01CXCUQ
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUNTTFEG7Q647S), retrieved from FRED.