Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Denmark
Persons, Annual, Seasonally Adjusted
LFEM25TTDKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,908,600.00
Year-over-Year Change
5.98%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the total number of employed persons in the United States, providing a key indicator of labor market conditions 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 series represents the total number of people employed in the U.S. on an annual basis, with seasonal fluctuations removed. It is a widely-tracked metric used by economists, policymakers, and analysts to assess the overall health and direction of the labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a comprehensive household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The U.S. employed over 159 million people in 2022.
- Employment levels have recovered to pre-pandemic highs.
- 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 basis, with seasonal adjustments to remove fluctuations.
Q: Why is this trend relevant for users or analysts?
A: The total number of employed persons is a key indicator of labor market conditions and overall economic activity, making it a widely-tracked metric by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a comprehensive household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions, as it provides insight into the overall health and direction of the labor market.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a short delay, and may be subject to minor revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM25TTDKA647S), retrieved from FRED.