Employed Population: Aged 15-24: Males for the European Union
Persons, Annual, Not Seasonally Adjusted
LFEM24MAEUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,372,525.00
Year-over-Year Change
-16.49%
Date Range
1/1/2005 - 1/1/2019
Summary
This trend measures the total number of persons employed annually in the United States. It provides insights into the overall health and growth of the U.S. labor market, a key indicator for economic policymakers.
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' series tracks the total number of employed persons in the U.S. on an annual basis, without adjusting for seasonal variations. This data point is widely used by economists and policymakers to analyze long-term employment trends and the broader state of the economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment statistic informs economic policy decisions and is closely monitored by financial markets.
Key Facts
- The annual employment total reached a record high of 157.5 million in 2019.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic.
- The U.S. has experienced steady job growth in recent years prior to 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual basis, providing insights into the overall health of the labor market.
Q: Why is this trend relevant for users or analysts?
A: This employment statistic is a key indicator used by economists, policymakers, and financial markets to assess the strength and growth of the U.S. economy.
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: This employment data informs economic policy decisions and is closely monitored by financial markets to gauge the overall state of the U.S. economy.
Q: Are there update delays or limitations?
A: The annual employment data is released with a short delay, and does not account for seasonal variations in the labor force.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM24MAEUA647S), retrieved from FRED.