Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Estonia
Annual, Seasonally Adjusted
LREM64TTEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.73
Year-over-Year Change
11.40%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual rate of change in total employment in the United States, adjusted for seasonal variations. It provides key insights into the overall strength and resilience 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
The annual, seasonally adjusted employment rate is a crucial indicator used by economists and policymakers to assess the health and trajectory of the American economy. It tracks year-over-year changes in the total number of employed individuals, providing a high-level view of economic performance and workforce dynamics.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on monthly surveys of employers.
Historical Context
Changes in the annual, seasonally adjusted employment rate are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. annual, seasonally adjusted employment rate averaged 1.3% growth from 2010-2019.
- Employment declined sharply in 2020 due to the COVID-19 pandemic, but has since rebounded.
- The manufacturing sector accounts for approximately 8.5% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted rate of change in total employment in the United States. It provides a high-level view of the overall strength of the labor market.
Q: Why is this trend relevant for users or analysts?
A: The annual, seasonally adjusted employment rate is a key indicator used by economists, policymakers, and market analysts to assess the health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on monthly surveys of employers.
Q: How is this trend used in economic policy?
A: Changes in the annual, seasonally adjusted employment rate are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The employment data is released monthly, with a typical lag of 1-2 months. There may be occasional revisions to prior-period figures as more complete data becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM64TTEEA156S), retrieved from FRED.