Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Canada
Annual, Not Seasonally Adjusted
LREM55MACAA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.74
Year-over-Year Change
8.12%
Date Range
1/1/1976 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the United States. It provides insight into long-term employment patterns and is a key indicator used by policymakers and economists.
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, Not Seasonally Adjusted employment level represents the total number of persons employed in the U.S. over a 12-month period, without adjusting for typical seasonal variations. This broad metric is useful for analyzing underlying employment trends and informing economic policy decisions.
Methodology
The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Historical Context
This employment metric is widely tracked by policymakers, analysts, and market participants to assess the overall health and direction of the U.S. labor market.
Key Facts
- Employment level averaged 155.6 million in 2021.
- Annual employment data shows slower growth in 2020 due to the COVID-19 pandemic.
- This metric does not account for seasonal hiring patterns.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted employment level measures the total number of persons employed in the U.S. over a 12-month period, without adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This broad employment metric is useful for analyzing underlying long-term employment trends and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is widely tracked by policymakers, analysts, and market participants to assess the overall health and direction of the U.S. labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of several weeks, and does not account for seasonal hiring patterns.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM55MACAA156N), retrieved from FRED.