Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Portugal
Persons, Quarterly, Seasonally Adjusted
LFEM24TTPTQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
306,468.80
Year-over-Year Change
18.67%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the total number of employed persons in the United States on a quarterly, seasonally adjusted basis. It is 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 metric tracks the total number of employed individuals in the U.S. economy. It is a widely followed data point that provides insight into the strength and direction of the labor market, which is a crucial component of overall economic performance.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to gauge the state of the U.S. economy and inform decision-making.
Key Facts
- The U.S. economy added over 3 million jobs in 2022.
- The unemployment rate fell to 3.5% in 2022, a 50-year low.
- The labor force participation rate reached 62.3% in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Persons, Quarterly, Seasonally Adjusted metric is a key indicator of labor market health and overall economic activity, making it closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to gauge the state of the U.S. economy and inform decision-making.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short delay for data collection and processing.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM24TTPTQ647S), retrieved from FRED.