Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Switzerland
Annual, Not Seasonally Adjusted
LREM24TTCHA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.35
Year-over-Year Change
-2.58%
Date Range
1/1/2005 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the total number of employees at establishments in the United States. This metric is a key indicator of the overall health and direction 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
This employment series tracks the total number of workers on nonfarm payrolls across the country, excluding seasonal adjustments. It provides a comprehensive view of hiring and employment levels in the U.S. economy.
Methodology
The data is collected through monthly surveys of business establishments by the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this employment trend to assess the strength of the U.S. labor market and broader economic conditions.
Key Facts
- The U.S. had over 151 million nonfarm employees as of the latest annual report.
- Employment levels have steadily increased over the past decade.
- The services sector accounts for the majority of U.S. nonfarm jobs.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total number of employees on nonfarm payrolls in the United States, providing a comprehensive view of hiring and employment levels.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of the overall health and direction of the U.S. labor market, which is closely watched by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment trend to assess the strength of the U.S. labor market and broader economic conditions, informing decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual employment data is subject to periodic updates and revisions by the data source, the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM24TTCHA156N), retrieved from FRED.