Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Slovak Republic
Persons, Annual, Seasonally Adjusted
LFEM24MASKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70,450.00
Year-over-Year Change
-20.84%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Persons, Annual, Seasonally Adjusted' economic trend measures the total number of employed persons in the United States. This key labor market indicator is closely watched by economists and policymakers to gauge the health and direction of the overall economy.
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
This annual employment series provides a comprehensive overview of the U.S. labor force, tracking the total number of individuals with paid jobs in the country. It is a widely used metric for analyzing workforce participation, economic growth, and the effectiveness of policy interventions.
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 a critical input for Federal Reserve decisions, congressional policies, and private sector investment strategies.
Key Facts
- The U.S. employed over 158 million people in 2021.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- Job growth is a key focus of the Federal Reserve's dual mandate of stable prices and maximum employment.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Seasonally Adjusted' trend measures the total number of employed persons in the United States, providing a comprehensive overview of the country's labor force.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a critical indicator of economic health and a key input for policy decisions, investment strategies, and analysis of workforce participation and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment trend is a crucial input for Federal Reserve decisions, congressional policies, and private sector investment strategies, as it reflects the overall strength and direction of the U.S. economy.
Q: Are there update delays or limitations?
A: The employment data is released annually with a relatively short delay, providing timely information on the state of the U.S. labor market.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM24MASKA647S), retrieved from FRED.