Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Ireland
Persons, Quarterly, Seasonally Adjusted
LFEM55MAIEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
234,800.00
Year-over-Year Change
9.16%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the number of persons employed on a quarterly basis, adjusted for seasonal factors. It provides valuable insights into the overall state of the U.S. labor market.
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 trend tracks the total number of employed individuals in the United States on a quarterly schedule, with adjustments made to account for seasonal variations in hiring and employment patterns.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers, economists, and market analysts to gauge the health and resilience of the U.S. economy.
Key Facts
- The U.S. employment level reached a record high in 2019 prior to the COVID-19 pandemic.
- Employment levels experienced a significant decline in 2020 due to the economic impact of the pandemic.
- The labor market has been steadily recovering, with employment gradually returning to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals in the United States on a quarterly basis, with adjustments made to account for seasonal variations in hiring and employment patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and resilience of the U.S. labor market, which is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess the current state of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, and there may be slight delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM55MAIEQ647S), retrieved from FRED.