Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Sweden
Annual, Not Seasonally Adjusted
LREM55TTSEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.13
Year-over-Year Change
8.28%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment rate in the United States. It provides crucial insights into the underlying labor market dynamics, informing economic policy and business decision-making.
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 rate tracks the percentage of the civilian labor force that is employed over a 12-month period without accounting for seasonal fluctuations. This metric is widely used by economists and policymakers to analyze long-term employment trends and identify structural changes in the labor market.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
This trend is a key indicator for assessing the overall health and resilience of the U.S. economy.
Key Facts
- The annual, not seasonally adjusted employment rate averaged 60.1% in 2022.
- This trend reached a low of 56.8% in 2020 due to the COVID-19 pandemic.
- The employment rate has gradually recovered since the 2020 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment rate in the United States, which represents the percentage of the civilian labor force that is employed over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment rate is a crucial indicator of the overall health and resilience of the U.S. labor market, providing important insights for economists, policymakers, and business decision-makers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through household surveys.
Q: How is this trend used in economic policy?
A: The annual, not seasonally adjusted employment rate is closely monitored by policymakers and institutions to assess the strength and stability of the U.S. economy, informing policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment rate data is published monthly by the U.S. Bureau of Labor Statistics with a typical release delay of around one month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM55TTSEA156N), retrieved from FRED.