Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Sweden
Annual, Not Seasonally Adjusted
LREM24TTSEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.00
Year-over-Year Change
5.78%
Date Range
1/1/2001 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the total number of employees in the U.S. economy over a 12-month period. This provides valuable insights into overall employment levels and economic activity.
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 annual, unadjusted employment figure represents the total number of workers across all sectors of the U.S. economy. It is a key metric 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
This employment trend is closely watched by the Federal Reserve and other agencies to inform economic and monetary policy decisions.
Key Facts
- The annual employment figure reached a record high of 155.7 million in 2019.
- Employment levels saw a sharp decline during the COVID-19 pandemic in 2020.
- The services sector accounts for the largest share of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total number of people employed across all industries in the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This annual employment figure is a key indicator of the overall health of the U.S. labor market and economy. It is closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual employment figure is used by the Federal Reserve and other agencies to inform economic and monetary policy decisions, as it provides insights into overall employment levels and economic activity.
Q: Are there update delays or limitations?
A: The annual employment data is subject to periodic revisions and may have a longer update lag compared to monthly or quarterly employment statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM24TTSEA156N), retrieved from FRED.