Persons, Quarterly, Seasonally Adjusted
LFACTTTTO1Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
625,708,000.00
Year-over-Year Change
2.82%
Date Range
4/1/2003 - 4/1/2017
Summary
This quarterly, seasonally adjusted employment trend measures the total number of persons employed in the United States. It is a key indicator of the health and growth of the U.S. 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, Quarterly, Seasonally Adjusted series tracks the total number of individuals employed across all sectors and industries in the United States on a quarterly basis. It is a comprehensive measure of labor force participation and a leading indicator for policymakers and analysts assessing economic performance.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely used by economists, investors, and policymakers to monitor the strength of the U.S. job market and broader economic conditions.
Key Facts
- The U.S. employed over 158 million people as of the latest quarterly data.
- Employment has grown by over 20 million jobs since the 2008-2009 recession.
- The services sector accounts for the largest share of total 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 a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This comprehensive employment measure is a key indicator of the health and growth of the U.S. labor market and broader economy, making it highly relevant for policymakers, investors, and economic analysts.
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 employment trend is widely used by economists, policymakers, and institutions to monitor the strength of the U.S. job market and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical 1-2 month publication delay following the end of each quarter.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFACTTTTO1Q647S), retrieved from FRED.