Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Ireland
Annual, Not Seasonally Adjusted
LFEASETTIEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,142,600.00
Year-over-Year Change
47.47%
Date Range
1/1/2000 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the total employment in the United States. This broad indicator provides insight into the overall health and growth 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
This annual employment series captures the total number of people employed in the U.S. economy, including both full-time and part-time workers. It is a key macroeconomic statistic used by policymakers, analysts, and researchers to assess economic conditions and trends.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in total employment levels can signal shifts in consumer demand, business investment, and broader economic activity.
Key Facts
- The U.S. employed over 158 million people in 2021.
- Employment levels fell sharply during the COVID-19 pandemic in 2020.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures the total number of people employed in the United States, including both full-time and part-time workers.
Q: Why is this trend relevant for users or analysts?
A: This broad employment metric is a key indicator of the overall health and direction of the U.S. labor market, which is crucial for assessing macroeconomic conditions and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Changes in total employment levels can signal shifts in consumer demand, business investment, and broader economic activity, making this a closely watched statistic by policymakers, economists, and market analysts.
Q: Are there update delays or limitations?
A: The annual employment data is published with a lag, typically several months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEASETTIEA647N), retrieved from FRED.