Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Estonia
Persons, Annual, Seasonally Adjusted
LFEM55FEEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70,900.00
Year-over-Year Change
21.72%
Date Range
1/1/2000 - 1/1/2024
Summary
The 'Persons, Annual, Seasonally Adjusted' economic trend measures the total number of employed persons in the United States on an annual basis, with seasonal fluctuations removed. This metric is a key indicator of labor market health and overall 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
This data series represents the total number of employed individuals in the U.S. economy, adjusting for regular seasonal variations such as holiday hiring. It is widely used by economists, policymakers, and market analysts to gauge the strength and trajectory of the labor market and broader economic conditions.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
The employment level is a critical input for monetary and fiscal policy decisions, as well as analysis of consumer spending, business investment, and other key economic factors.
Key Facts
- The U.S. employed over 158 million persons 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: The 'Persons, Annual, Seasonally Adjusted' metric represents the total number of employed individuals in the U.S. economy, with seasonal variations removed.
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 activity, making it a key input for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: The employment level is a critical factor for monetary and fiscal policy decisions, as well as analysis of consumer spending, business investment, and other key economic factors.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a short lag time. The annual, seasonally adjusted figure provides a comprehensive overview of employment trends.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM55FEEEA647S), retrieved from FRED.