Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Estonia
Annual, Seasonally Adjusted
LREM24FEEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.48
Year-over-Year Change
21.67%
Date Range
1/1/2000 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted employment level in the United States. It is a key indicator of the overall health and strength of the U.S. 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 represents the total number of people employed in the U.S. economy over a 12-month period, with seasonal fluctuations removed. This metric is widely tracked by economists, policymakers, and market analysts to gauge economic conditions and inform policy decisions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly employment surveys.
Historical Context
The employment level is a critical input for assessing the state of the economy and guiding fiscal and monetary policy.
Key Facts
- The U.S. employment level reached a record high of 158.8 million in 2019.
- Employment declined sharply in 2020 due to the COVID-19 pandemic but has since recovered.
- The employment-to-population ratio is a related metric that measures the proportion of the working-age population that is employed.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of people employed in the United States over a 12-month period, with seasonal variations 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 and strength of the U.S. labor market, making it essential for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly employment surveys.
Q: How is this trend used in economic policy?
A: The employment level is a critical input for assessing the state of the economy and guiding fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted employment data is released monthly with a brief delay, providing a timely indicator of labor market conditions.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM24FEEEA156S), retrieved from FRED.