Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Canada
Persons, Annual, Seasonally Adjusted
LFEM55MACAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,747,942.00
Year-over-Year Change
23.55%
Date Range
1/1/1976 - 1/1/2024
Summary
This economic indicator tracks the total number of employed persons in the United States on an annual, seasonally adjusted basis. It is a key metric for understanding labor market trends and the overall health of the economy.
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 measures the total number of employed individuals in the U.S. population. It is a widely-referenced statistic used by economists, policymakers, and analysts to gauge employment levels and workforce participation.
Methodology
The data is collected through the Current Population 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 and monetary policy decisions.
Key Facts
- The U.S. employed over 155 million people in 2021.
- Employment levels recovered to pre-pandemic highs in 2022.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks 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: Employment levels are a key metric for understanding the overall health of the economy and labor market trends.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment statistic is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on an annual basis with a short lag, providing a timely snapshot of the U.S. labor market.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM55MACAA647S), retrieved from FRED.