Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Luxembourg
Persons, Annual, Seasonally Adjusted
LFEM24FELUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,100.00
Year-over-Year Change
66.94%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the number of employed persons in the United States on an annual, seasonally adjusted basis. It provides valuable insights into the overall state of the labor market and workforce participation.
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, Seasonally Adjusted series tracks the total number of employed individuals in the U.S. economy. This metric is widely used by economists and policymakers to assess the health and dynamics of the labor force over time.
Methodology
The data is collected through comprehensive household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic policy and decision-making.
Key Facts
- The series has been tracked since 1948.
- Reached a record high of 157.5 million in 2019.
- Experienced a significant decline during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the overall health and dynamics of the U.S. labor market, which is a key indicator of economic performance.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other institutions to inform economic policy and decision-making.
Q: Are there update delays or limitations?
A: The data is released on a regular annual basis, with some potential for minor revisions over time.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM24FELUA647S), retrieved from FRED.