Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Australia
Persons, Monthly, Seasonally Adjusted
LFACTTTTAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,278,890.00
Year-over-Year Change
2.30%
Date Range
2/1/1978 - 6/1/2025
Summary
This economic trend measures the total number of persons employed in the United States on a monthly basis, adjusted for seasonal variations. It is a key indicator of labor market conditions and economic activity.
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, Monthly, Seasonally Adjusted' metric tracks the total employment level in the U.S. economy, providing a comprehensive overview of the labor market. It is widely used by economists, policymakers, and analysts to assess the health and direction of the broader economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric informs economic policy decisions and market analysis related to employment, consumer spending, and overall economic performance.
Key Facts
- The U.S. employed over 150 million people as of the latest report.
- Employment levels have recovered to pre-pandemic highs.
- The labor force participation rate is a key complement to this metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on a monthly basis, with seasonal adjustments to account for recurring patterns in the data.
Q: Why is this trend relevant for users or analysts?
A: The 'Persons, Monthly, Seasonally Adjusted' metric is a critical indicator of the health and direction of the U.S. labor market and broader economy, informing policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric informs economic policy decisions related to employment, consumer spending, and overall economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of a few weeks, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Monthly, Seasonally Adjusted (LFACTTTTAUM647S), retrieved from FRED.