Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Russia
Persons, Quarterly, Seasonally Adjusted
LFACTTMARUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,708,180.00
Year-over-Year Change
-0.76%
Date Range
1/1/1999 - 10/1/2021
Summary
This economic indicator measures the total number of persons employed or self-employed in the United States on a quarterly basis, adjusted for seasonal factors. It is a key metric for evaluating the overall health and trends 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 Persons, Quarterly, Seasonally Adjusted series represents the total civilian non-institutional population aged 16 and over who are employed, either in a paid position or self-employed. This comprehensive employment figure is a widely-tracked indicator of economic activity and productivity.
Methodology
The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this employment trend to assess the strength of the U.S. economy and inform decisions on fiscal and monetary policy.
Key Facts
- The series has been tracked by the U.S. government since 1948.
- Employment levels reached a record high of 157.5 million in February 2020.
- The COVID-19 pandemic led to a sharp decline in employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total number of persons aged 16 and over who are employed, either in a paid position or self-employed, on a quarterly basis in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Persons, Quarterly, Seasonally Adjusted series is a key indicator of the overall health and strength of the U.S. labor market, which is crucial for understanding broader economic conditions and trends.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
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 inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical release lag of approximately two months after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFACTTMARUQ647S), retrieved from FRED.