Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Spain
Persons, Annual, Seasonally Adjusted
LFACTTTTESA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,424,570.00
Year-over-Year Change
4.19%
Date Range
1/1/1956 - 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 is a key indicator of the overall health and strength 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, Annual, Seasonally Adjusted trend represents the total number of people employed in the U.S. economy, adjusted for seasonal variations. It is a widely followed statistic that provides insight into labor force participation, hiring, and economic growth.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the state of the U.S. economy and guide economic and monetary policy decisions.
Key Facts
- The U.S. had over 152 million employed persons in 2022.
- Employment levels reached a record high in 2022 after the COVID-19 pandemic.
- The unemployment rate was 3.5% as of September 2022.
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: This trend is a key indicator of the overall health and strength of the U.S. labor market, providing insight into labor force participation, hiring, and economic growth.
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 trend is closely monitored by policymakers, economists, and market analysts to assess the state of the U.S. economy and guide economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFACTTTTESA647S), retrieved from FRED.