Employed Population: Aged 15-24: Females for the European Union
Persons, Annual, Not Seasonally Adjusted
LFEM24FEEUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,813,900.00
Year-over-Year Change
-13.74%
Date Range
1/1/2005 - 1/1/2019
Summary
This economic trend measures the total number of persons employed on an annual, not seasonally adjusted basis in the United States. It is a key indicator of labor market dynamics and overall economic health.
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 'Persons, Annual, Not Seasonally Adjusted' metric represents the total number of individuals employed in the U.S. economy over a given year, without adjustments for seasonal variations. This data point is widely used by economists and policymakers to analyze long-term employment trends and inform economic decision-making.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This annual employment metric is closely monitored by the Federal Reserve and other institutions to gauge the strength of the U.S. labor market and broader economic conditions.
Key Facts
- The annual, not seasonally adjusted employment level in the U.S. reached a record high in 2019.
- This metric saw a significant decline in 2020 due to the COVID-19 pandemic's impact on the labor market.
- Analyzing trends in annual employment is crucial for understanding the overall health of the economy.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Not Seasonally Adjusted' metric measures the total number of individuals employed in the U.S. economy over a given year, without adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This annual employment data is widely used by economists and policymakers to analyze long-term employment trends and inform economic decision-making, as it provides insights into the overall health of the U.S. labor market.
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 Federal Reserve and other institutions closely monitor this annual employment metric to gauge the strength of the U.S. labor market and broader economic conditions, which informs their policy decisions.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the most recent annual employment data, as it is released after the end of each calendar year.
Related Trends
Harmonized Index of Consumer Prices: Alcoholic Beverages for European Union (27 Countries from 2020)
CP0210EU272020M086NEST
Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Unprocessed Food for Euro Area (19 Countries)
00XFUNEZ19M086NEST
Employment Rate: Aged 55-64: All Persons for the European Union
LREM55TTEUA156S
Employment Rate: Aged 15-64: Females for the European Union
LREM64FEEUA156S
Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for European Union (27 Countries from 2020)
00XEFDEU272020M086NEST
Balance of payments BPM6: Financial account: Reserve assets: Reserve assets Net for the European Union
EU28B6FARA01CXCUQ
Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM24FEEUA647N), retrieved from FRED.