Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Estonia
Annual, Not Seasonally Adjusted
LRACTTFEEEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.90
Year-over-Year Change
13.49%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the total private employment in the United States on an annual, not seasonally adjusted basis. It provides important insights into the overall labor market and employment 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
The total private employment metric tracks the number of people employed in the private sector of the U.S. economy, excluding government workers. This data is a key indicator used by economists and policymakers to assess the health and growth 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
Policymakers and analysts monitor this trend to understand broader employment trends and inform economic decision-making.
Key Facts
- Private employment accounts for over 80% of total U.S. employment.
- The trend has shown steady growth since the Great Recession.
- Annual data provides a longer-term view compared to monthly figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the private sector of the U.S. economy on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and growth of the U.S. labor market, which is a key driver of economic performance.
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 monitor this trend to understand broader employment trends and inform economic decision-making.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted data provides a longer-term view compared to monthly figures, but may have a longer update cycle.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRACTTFEEEA156N), retrieved from FRED.