Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for OECD
Persons, Not Seasonally Adjusted
OECDLFACTTTTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
699,108,100.00
Year-over-Year Change
3.99%
Date Range
1/1/2007 - 1/1/2025
Summary
This economic trend measures the total number of persons employed in the United States, not adjusted for seasonal variations. It is a key indicator of labor market conditions and overall 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
The 'Persons, Not Seasonally Adjusted' series provides the total number of people employed in the U.S., excluding seasonal adjustments. This unadjusted data offers insight into actual labor market dynamics and can be used to analyze employment trends over time.
Methodology
The data is collected through household and employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is widely used by economists, policymakers, and market analysts to assess the strength of the U.S. economy.
Key Facts
- The U.S. employed over 158 million people as of 2022.
- Employment levels fluctuate seasonally due to factors like weather and holidays.
- Unadjusted data can provide a more accurate picture of underlying employment trends.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Not Seasonally Adjusted' trend measures the total number of people employed in the United States, without adjusting for seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted employment data offers a more transparent view of labor market conditions, which is crucial for economists, policymakers, and market participants to assess the strength of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through household and employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor employment trends to inform decisions on interest rates, stimulus measures, and other policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The employment data is published monthly, with a typical release lag of 1-2 weeks. While the unadjusted figures can provide valuable insights, they may be more volatile than seasonally adjusted data.
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Citation
U.S. Federal Reserve, Persons, Not Seasonally Adjusted (OECDLFACTTTTSTQ), retrieved from FRED.