Persons, Quarterly, Seasonally Adjusted
LFEM24FEG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,202,000.00
Year-over-Year Change
2.77%
Date Range
1/1/2005 - 4/1/2017
Summary
This quarterly, seasonally adjusted series tracks the number of persons employed in the U.S. economy. It is a key indicator of labor market conditions and economic growth.
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, Quarterly, Seasonally Adjusted' series represents the total number of employed individuals in the United States, adjusted for seasonal fluctuations. It is a widely followed metric used by economists and policymakers to assess the overall strength of the job market and broader economic activity.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. employed over 158 million people as of the latest quarter.
- Employment levels have returned to pre-pandemic highs after the COVID-19 recession.
- Quarterly employment data is released with a 1-month lag.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of people employed in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a critical indicator of overall economic health and strength of the labor market, making this a key metric for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other government agencies closely monitor employment trends to inform monetary and fiscal policy decisions aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The quarterly employment data is released with a 1-month lag, providing the most recent complete picture of the job market.
Related Trends
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G7
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Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for G7
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Balance of Payments: Direct Investment: Assets (or Net Acquisition of Assets) for G7
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Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for G7
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for G7
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM24FEG7Q647S), retrieved from FRED.