Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Estonia
Persons, Annual, Seasonally Adjusted
LFACTTTTEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
760,925.00
Year-over-Year Change
11.34%
Date Range
1/1/1989 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual, seasonally adjusted basis. It provides valuable insights into the overall state of the labor market and economy.
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, Seasonally Adjusted series tracks the total number of employed persons in the U.S. economy. This key metric is used by policymakers, analysts, and economists to assess the health and performance of the labor market and broader economic conditions.
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 employment trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The U.S. employed over 158 million people in 2021.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- The services sector accounts for the majority of U.S. employment.
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, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Persons, Annual, Seasonally Adjusted series is a key indicator of labor market and overall economic conditions, providing valuable insights for policymakers, economists, and market participants.
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: This employment trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFACTTTTEEA647S), retrieved from FRED.