Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Luxembourg
Quarterly, Seasonally Adjusted
LFEASETTLUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
302,500.00
Year-over-Year Change
7.35%
Date Range
1/1/2007 - 1/1/2025
Summary
This economic trend measures the employment level of the U.S. total labor force on a quarterly, seasonally adjusted basis. It is a key indicator of the overall health and direction of the U.S. economy.
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, Seasonally Adjusted employment level tracks the total number of employed persons in the United States, adjusting for regular seasonal variations. This broad metric is widely used by economists and policymakers to gauge the strength of the labor market and broader economic conditions.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
The employment level is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. employment level reached a record high of 158.8 million in February 2020.
- Employment plummeted by 22.4 million jobs in March-April 2020 due to the COVID-19 pandemic.
- The employment level has since recovered to 153.3 million as of January 2023.
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, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a key indicator of the overall health and direction of the U.S. economy, making it essential for economists, policymakers, and market analysts.
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: The employment level is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The employment data is released on a monthly basis, with the quarterly, seasonally adjusted figure published approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFEASETTLUQ647S), retrieved from FRED.