Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Slovak Republic
Persons, Annual, Not Seasonally Adjusted
LFACTTTTSKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,768,450.00
Year-over-Year Change
2.27%
Date Range
1/1/1994 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis. It provides key insights into the overall state 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, Not Seasonally Adjusted' series represents the total number of employed persons in the U.S. economy, tracked on a yearly basis without seasonal adjustments. This metric is widely used by economists and policymakers to analyze broader employment trends and the health of the labor force.
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 and monetary policy decisions.
Key Facts
- The annual, not seasonally adjusted employment level in the U.S. was over 158 million as of the latest data.
- Employment levels have generally trended upward over the past decade, with some volatility during economic downturns.
- The not seasonally adjusted data can be used to analyze long-term employment patterns without the influence of seasonal factors.
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, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is widely used by economists and policymakers to analyze broader labor market trends and the overall health of the U.S. economy.
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 economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical one-month lag in publication.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFACTTTTSKA647N), retrieved from FRED.