Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Portugal
Persons, Annual, Seasonally Adjusted
LFEM24TTPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
294,250.00
Year-over-Year Change
14.94%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted number of employed persons in the United States. It serves as a key indicator of labor market conditions and overall economic performance.
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 metric tracks the total number of employed individuals in the U.S. on an annual basis, with seasonal variations removed. It is a crucial data point used by economists, policymakers, and analysts to assess the strength and trajectory of the domestic labor force.
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 closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The U.S. employed over 150 million people in 2021.
- Employment levels have rebounded from pandemic-induced declines.
- 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 employed persons in the United States on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a crucial indicator of labor market health and overall economic performance, making this trend highly relevant for policymakers, economists, and market analysts.
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: The employment trend is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The employment data is published monthly, with an annual, seasonally adjusted figure available. There may be minor revisions to historical data over time.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM24TTPTA647S), retrieved from FRED.