Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Switzerland
Persons, Annual, Seasonally Adjusted
LFEM24MACHA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
283,950.00
Year-over-Year Change
-4.79%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the U.S. economy on an annual, seasonally adjusted basis. It is a key indicator of overall labor market conditions and economic activity.
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 trend represents the total number of employed individuals in the United States, adjusted for regular seasonal variations. It is a widely followed metric that provides insight into the health and growth of the broader economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely watched by policymakers, economists, and market participants to assess the strength of the U.S. labor market and guide economic decision-making.
Key Facts
- The annual figure reached a peak of 157.5 million in 2019.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic.
- The labor force participation rate was 61.7% in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the U.S. economy on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Persons, Annual, Seasonally Adjusted trend is a key indicator of the overall health and growth of the U.S. labor market and broader economy, making it highly relevant for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers, economists, and market participants to assess the strength of the U.S. labor market and guide economic decision-making.
Q: Are there update delays or limitations?
A: The Persons, Annual, Seasonally Adjusted data is released on a regular annual basis, with occasional revisions to account for updated population estimates and survey methods.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM24MACHA647S), retrieved from FRED.