Persons, Quarterly, Seasonally Adjusted
LFEM55FEO1Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,836,000.00
Year-over-Year Change
10.72%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the quarterly, seasonally adjusted number of persons employed in the United States. It is a key indicator of labor market conditions 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
The Persons, Quarterly, Seasonally Adjusted metric tracks the total number of employed individuals in the U.S. on a quarterly basis, with seasonal factors removed. This data point is widely used by economists, policymakers, and analysts to assess the health and direction of the labor market.
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 and monetary policy decisions.
Key Facts
- The U.S. employed over 150 million people as of the latest quarterly data.
- Employment levels are a key driver of consumer spending and overall economic growth.
- This metric has rebounded strongly since the COVID-19 pandemic lows.
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: Employment levels are a critical indicator of the health and direction of the labor market and broader economy, making this trend highly relevant for economic analysis and policymaking.
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 Persons, Quarterly, Seasonally Adjusted metric is closely monitored by the Federal Reserve and other government agencies to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: This data is published on a quarterly basis, with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM55FEO1Q647S), retrieved from FRED.