Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Finland
Persons, Annual, Seasonally Adjusted
LFEM24TTFIA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
262,300.00
Year-over-Year Change
-0.55%
Date Range
1/1/1998 - 1/1/2024
Summary
This annual, seasonally adjusted series tracks the total number of employed persons in the United States. It is a key indicator of labor force participation 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 measures the total number of people employed in the U.S. on an annual basis, with seasonal variations accounted for. This metric is widely used by economists and policymakers to assess the health of the labor market and broader economic conditions.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in total employment are closely monitored by the Federal Reserve and other institutions to inform economic and policy decisions.
Key Facts
- The U.S. employed over 158 million people in 2021.
- Employment levels dropped sharply during the COVID-19 pandemic but have since recovered.
- The labor force participation rate was 61.7% as of 2021.
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: Employment levels are a crucial indicator of economic health and labor market conditions, making this trend highly relevant for economists, policymakers, and market analysts.
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: Trends in total employment are closely monitored by the Federal Reserve and other institutions to inform decisions on monetary policy, labor market interventions, and broader economic management.
Q: Are there update delays or limitations?
A: The data is released on an annual basis, with a delay of several months, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM24TTFIA647S), retrieved from FRED.