Employed Persons in Puerto Rico
Annual, Not Seasonally Adjusted
LAUST720000000000005A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,153,020.00
Year-over-Year Change
12.43%
Date Range
1/1/1976 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment rate in the United States. It provides important insights into long-term labor market trends that are crucial for policymakers and economists.
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 proportion of the civilian non-institutional population that is employed over a 12-month period. This broad metric offers a comprehensive view of the labor market's performance and is widely used to analyze economic conditions and inform policy decisions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by the Federal Reserve, government agencies, and economic analysts to assess the overall health of the U.S. labor market.
Key Facts
- The annual employment rate averaged 59.2% in 2021.
- The rate declined sharply during the COVID-19 pandemic but has since recovered.
- Analyzing this trend helps policymakers understand long-term workforce participation patterns.
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 proportion of the civilian non-institutional population that is employed over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This broad metric offers valuable insights into long-term labor market trends, which are crucial for policymakers, economists, and other stakeholders to assess the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The annual, not seasonally adjusted employment rate is closely monitored by the Federal Reserve, government agencies, and economic analysts to inform policy decisions and assess the performance of the U.S. labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one month, and it may be subject to revisions as more information becomes available.
Related Trends
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST720000000000005A), retrieved from FRED.