Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Czechia
Quarterly, Not Seasonally Adjusted
LFEASETTCZQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,218,000.00
Year-over-Year Change
-0.11%
Date Range
1/1/1998 - 10/1/2024
Summary
This trend measures the total employed labor force in the United States on a quarterly, not seasonally adjusted basis. It provides insight into the overall employment landscape and labor market conditions.
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 Quarterly, Not Seasonally Adjusted labor force statistic represents the total number of employed individuals in the U.S. during a given quarter, without adjusting for seasonal variations. This metric is widely used by economists and policymakers to assess the strength and dynamics of the national labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This employment trend is a key input for economic analysis, monetary policy decisions, and assessments of the overall health of the U.S. economy.
Key Facts
- The U.S. employed labor force totaled 158.7 million in Q2 2022.
- Employment levels declined during the COVID-19 pandemic but have since recovered.
- The labor force participation rate was 62.2% in Q2 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides important insights into the overall strength and dynamics of the U.S. labor market, which is a key indicator of economic health and a critical input for policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment trend to assess labor market conditions, inform monetary policy decisions, and evaluate the overall state of the U.S. economy.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted employment data is released with a lag of approximately one quarter by the Federal Reserve.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEASETTCZQ647N), retrieved from FRED.