Persons, Quarterly, Not Seasonally Adjusted
LFACTTMAO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
347,953,000.00
Year-over-Year Change
2.42%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the total number of persons employed in the United States on a quarterly basis, without seasonal adjustments. It provides important insights into the overall state of the 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 'Persons, Quarterly, Not Seasonally Adjusted' metric tracks the total employment level in the U.S. on a quarterly cadence, as reported by the Bureau of Labor Statistics. Economists and policymakers use this unadjusted data to analyze broader labor force trends and the underlying health of the economy.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This metric is a key input for evaluating the strength of the economy and informing monetary and fiscal policy decisions.
Key Facts
- The quarterly employment level reached a high of 158.8 million in Q4 2019.
- Employment dropped sharply by 22.4 million in Q2 2020 due to the COVID-19 pandemic.
- The labor force participation rate was 61.7% as of Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employed persons in the United States on a quarterly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted employment data provides important insights into the underlying strength of the labor market, which is a key indicator of overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to evaluate the state of the economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Not Seasonally Adjusted (LFACTTMAO1Q647N), retrieved from FRED.