Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Russia
Persons, Annual, Not Seasonally Adjusted
LFACTTMARUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,703,440.00
Year-over-Year Change
0.42%
Date Range
1/1/1992 - 1/1/2021
Summary
This annual economic trend measures the total number of persons employed in the United States. It is a key indicator of labor market conditions and economic growth.
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, Annual, Not Seasonally Adjusted' series represents the total number of employed persons in the U.S. economy on an annual basis, without adjustments for seasonal variations. This metric is widely used by economists and policymakers to assess the overall health and momentum of the labor market.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and analysts closely monitor this employment trend to inform economic and monetary policy decisions.
Key Facts
- The annual employment figure was over 158 million in 2021.
- Employment levels declined sharply during the COVID-19 pandemic in 2020.
- The U.S. has seen a steady recovery in employment since the 2020 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual basis, without adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of labor market conditions and overall economic growth, making it 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' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor employment trends to inform decisions on monetary and fiscal policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a short lag, but there are no major limitations or delays in the availability of this economic indicator.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFACTTMARUA647N), retrieved from FRED.