Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for United States
Persons, Quarterly, Seasonally Adjusted
LFACTTTTUSQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170,675,000.00
Year-over-Year Change
4.01%
Date Range
1/1/1955 - 4/1/2025
Summary
This trend measures the number of persons employed in the United States on a quarterly basis, adjusted for seasonal variations. It provides insights into the overall health and dynamics 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, Quarterly, Seasonally Adjusted trend tracks the total number of employed individuals in the U.S. economy, reported on a quarterly frequency and adjusted to account for predictable seasonal fluctuations. This metric is a key indicator of economic activity and labor market conditions.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor this trend to assess the strength of the economy and guide decision-making.
Key Facts
- The U.S. employed over 160 million persons as of the latest quarter.
- Quarterly employment has grown by over 5% since the COVID-19 pandemic low.
- The services sector accounts for the largest share 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 a quarterly basis, with seasonal adjustments to account for predictable fluctuations.
Q: Why is this trend relevant for users or analysts?
A: The Persons, Quarterly, Seasonally Adjusted trend is a key indicator of overall economic health and labor market conditions, providing insights that are crucial for policymakers, businesses, and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the strength of the economy and guide decision-making on issues such as interest rates, employment policies, and macroeconomic interventions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a lag of several weeks after the end of each quarter. The seasonal adjustments may also have limitations in capturing unusual economic conditions.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFACTTTTUSQ647S), retrieved from FRED.