Employed Population: Aged 15-24: Males for the European Union
Persons, Quarterly, Seasonally Adjusted
LFEM24MAEUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,418,992.75
Year-over-Year Change
4.34%
Date Range
1/1/2005 - 10/1/2019
Summary
This economic trend measures the total number of persons employed in the United States on a quarterly, seasonally adjusted basis. It is a key indicator of labor market conditions and overall 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, Quarterly, Seasonally Adjusted series tracks the total number of individuals employed in the U.S. economy, adjusting for regular seasonal fluctuations. It provides an important gauge of the strength and resilience of the labor market.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is widely monitored by policymakers, economists, and market analysts to assess the health of the U.S. economy.
Key Facts
- The U.S. employed over 160 million people as of the latest quarter.
- Employment levels have recovered to pre-pandemic highs.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a crucial indicator of the overall health and strength of the U.S. economy, providing insight into consumer demand, business investment, and economic growth.
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: Policymakers, economists, and market analysts closely monitor this employment trend to assess labor market conditions and the broader state of the U.S. economy, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The employment data is released on a quarterly basis with a lag, so there may be a delay in reflecting the most recent labor market conditions.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM24MAEUQ647S), retrieved from FRED.