Employed Persons in Connecticut
Annual, Not Seasonally Adjusted
LAUST090000000000005A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,882,637.00
Year-over-Year Change
8.51%
Date Range
1/1/1976 - 1/1/2024
Summary
This annual, not seasonally adjusted economic trend measures the total employment level in the United States. It is a key indicator of the overall health and performance 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, Not Seasonally Adjusted employment level data tracks the total number of people employed in the United States on an annual basis, without adjusting for seasonal fluctuations. This provides a broad, long-term perspective on the size and trends of the national workforce.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' household surveys.
Historical Context
Policymakers and economists closely monitor this employment trend to assess the strength of the U.S. economy and labor market conditions.
Key Facts
- The U.S. employed over 148 million people in 2021.
- Employment levels have recovered to pre-pandemic highs.
- The service sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the United States on an annual basis, without adjusting for seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: The annual employment level is a key indicator of the overall health and performance of the U.S. labor market, providing a broad, long-term perspective that is highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment trend to assess the strength of the U.S. economy and labor market conditions, which informs policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The annual employment data is published with a lag, but provides a comprehensive, long-term view of the U.S. labor market that is not subject to seasonal adjustments.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST090000000000005A), retrieved from FRED.