Employment - by Economic Activity: Services: All Persons for the Euro Area (19 Countries)
Quarterly, Not Seasonally Adjusted
LFEASETTEZQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117,330,300.00
Year-over-Year Change
3.81%
Date Range
4/1/2000 - 10/1/2022
Summary
This quarterly, not seasonally adjusted economic trend measures the total employment levels in the U.S. economy. It is a key indicator of the overall health and growth of the 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 Quarterly, Not Seasonally Adjusted employment data tracks the total number of people employed in the United States across all sectors. It provides a comprehensive view of the U.S. labor force and is used by economists and policymakers to analyze employment trends and inform economic policy decisions.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers closely monitor this employment trend to gauge the strength of the economy and guide decisions on interest rates, stimulus programs, and other economic interventions.
Key Facts
- The U.S. employed over 160 million people as of the latest quarter.
- Employment levels have recovered to pre-pandemic highs in recent quarters.
- The services sector accounts for the largest share of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the United States across all sectors of the economy on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly, Not Seasonally Adjusted employment data is a crucial indicator of the overall health and growth of the U.S. labor market, which is closely watched by economists, policymakers, and market 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 at the Federal Reserve and other institutions closely monitor this employment trend to gauge the strength of the economy and inform decisions on interest rates, stimulus programs, and other economic interventions.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted employment data is published with a lag of several weeks after the end of each quarter, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEASETTEZQ647N), retrieved from FRED.