Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Ireland
Persons, Quarterly, Seasonally Adjusted
LFEM24TTIEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
326,007.60
Year-over-Year Change
2.61%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the total number of persons employed in the United States on a quarterly basis, adjusted for seasonal variations. It serves as a key indicator of labor market health 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, Quarterly, Seasonally Adjusted' series represents the total number of individuals employed in the U.S. economy, reported on a quarterly frequency and adjusted to account for typical seasonal patterns. This metric is widely used by economists and policymakers to assess the strength and direction of the labor market.
Methodology
The data is collected through surveys of households and businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor this employment trend to inform economic and monetary policy decisions.
Key Facts
- The U.S. employed over 158 million people as of the latest quarter.
- Employment levels have returned to pre-pandemic highs.
- The labor force participation rate stands at around 62%.
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 basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of labor market health and overall economic activity, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this employment trend to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks following the end of each quarter.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM24TTIEQ647S), retrieved from FRED.