Persons, Annual, Not Seasonally Adjusted
LFEM24FEG7A647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,078,000.00
Year-over-Year Change
-5.73%
Date Range
1/1/2005 - 1/1/2016
Summary
This annual, not seasonally adjusted series measures the total number of persons employed in the United States. It provides a comprehensive overview of the U.S. labor force and is a key indicator of economic health and employment trends.
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' data series tracks the total number of people employed in the U.S. on an annual basis, without adjusting for seasonal fluctuations. This metric offers a broad perspective on the overall size and dynamics of the American workforce.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely used by policymakers, economists, and market analysts to assess the strength of the U.S. labor market and make informed decisions.
Key Facts
- The U.S. employed over 159 million people in 2021.
- Employment levels have steadily increased since the Great Recession.
- The services sector accounts for the largest share of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of persons employed in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The total employment level is a crucial indicator of the overall health and strength of the U.S. labor market, making this trend highly relevant for policymakers, economists, 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: Policymakers and economists closely monitor this employment trend to assess the state of the labor market and make informed decisions regarding economic policies and interventions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is typically released with a delay of several months, and may not capture short-term fluctuations in the labor market.
Related Trends
Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for G7
G7LFUNTTMASTQ
Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for G7
G7LFHUTTFESTQ
Composite Leading Indicators: Composite Leading Indicator (CLI) Normalized for G7
G7LOLITONOSTSAM
Balance of Payments: Primary Income: Revenue for G7
G7B6CRPI01CXCUQ
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for G7
G7LREM64FESTSAQ
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for G7
G7LFEMTTMAGPQ
Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM24FEG7A647N), retrieved from FRED.