Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Russia
Persons, Annual, Seasonally Adjusted
LFACTTTTRUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,276,520.00
Year-over-Year Change
-0.57%
Date Range
1/1/1992 - 1/1/2021
Summary
This economic indicator measures the total number of persons employed in the United States on an annual basis, adjusted for seasonal variations. It provides important insights into the overall state of the labor market and workforce trends.
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 count of employed individuals in the U.S. economy. This key labor statistic is widely used by economists, policymakers, and analysts to assess the health and direction of the job market and broader economic conditions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend serves as a crucial input for formulating economic and labor market policies.
Key Facts
- The U.S. employed over 158 million people in 2022.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- The labor force participation rate stood at 62.3% as of December 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Seasonally Adjusted' series tracks the total number of employed individuals in the United States on an annual basis, with adjustments made for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This key employment statistic is widely used by economists, policymakers, and market analysts to assess the overall health and direction of the labor market, which is a crucial component of the broader economy.
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: The 'Persons, Annual, Seasonally Adjusted' series serves as a crucial input for formulating economic and labor market policies, as it provides insights into employment levels and workforce trends.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and users should be aware of potential revisions to historical figures.
Related Trends
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Nationality of Issuer in Russia
IDS1MNIAOAIRU
Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Russia
RUSPIEAFD02GPM
Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Russia
CRDQRUAPUBIS
Consumer Price Index: Education (COICOP 10): Total for Russia
RUSCP100000GPM
Balance of Payments: Services: Revenue for Russia
RUSB6CRSE02STSAQ
Production: Industry: Total Industry Excluding Construction for Russia
PRINTO01RUQ659S
Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFACTTTTRUA647S), retrieved from FRED.