Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Estonia
Annual, Seasonally Adjusted
LREM55TTEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.73
Year-over-Year Change
25.22%
Date Range
1/1/2000 - 1/1/2024
Summary
This trend measures the total employment level in the United States, adjusted for seasonal variations. It provides a comprehensive view of the overall labor market and is a key indicator for economists and policymakers.
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 tracks the total number of individuals employed in the U.S. economy, with adjustments made to account for recurring seasonal patterns. This data point is widely used to analyze labor market trends and gauge the health of the broader economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor this employment trend to inform economic and monetary policy decisions.
Key Facts
- The U.S. employed over 155 million people in 2022.
- Employment levels declined sharply during the COVID-19 pandemic.
- The employment-to-population ratio reached a record high of 61.2% in 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in the United States, with adjustments made to account for recurring seasonal patterns in the labor market.
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, which is closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor employment trends to inform decisions on economic and monetary policy, such as interest rate adjustments and employment-focused programs.
Q: Are there update delays or limitations?
A: The employment data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM55TTEEA156S), retrieved from FRED.