Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Spain
Annual, Not Seasonally Adjusted
LFEASETTESA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,551,150.00
Year-over-Year Change
24.97%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic indicator measures the annual, not seasonally adjusted employment-to-population ratio in the United States. It provides insight into broader labor force trends and is closely watched by economists and policymakers.
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 employment-to-population ratio represents the proportion of the civilian non-institutional population aged 16 and over that is employed. This metric offers a comprehensive view of labor market participation and is used to analyze workforce trends and economic conditions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
The employment-to-population ratio is a key indicator for monitoring the health of the U.S. labor market and informing economic policy decisions.
Key Facts
- The annual, not seasonally adjusted employment-to-population ratio reached a high of 63.4% in 2000.
- The ratio declined during the Great Recession, reaching a low of 58.5% in 2011.
- In 2022, the employment-to-population ratio stood at 60.1%.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted employment-to-population ratio measures the proportion of the civilian non-institutional population aged 16 and over that is employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into broader labor force participation and workforce trends, which are crucial for understanding the health of the U.S. economy and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The employment-to-population ratio is closely monitored by economists and policymakers as an indicator of labor market conditions and overall economic performance, and is used to inform policy decisions.
Q: Are there update delays or limitations?
A: The employment-to-population ratio data is published monthly with a relatively short delay, allowing for timely analysis of labor market trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEASETTESA647N), retrieved from FRED.