Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Japan
Persons, Annual, Seasonally Adjusted
LFEM55MAJPA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,997,500.00
Year-over-Year Change
-2.27%
Date Range
1/1/1968 - 1/1/2024
Summary
This economic indicator tracks the number of persons employed annually in the United States, adjusted for seasonal variations. It provides valuable insights into the overall health and trends 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, Annual, Seasonally Adjusted metric represents the total number of employed individuals in the U.S. on an annual basis, with adjustments made to account for regular seasonal fluctuations in hiring and employment. This data point is a key barometer for monitoring the strength and resilience of the American workforce.
Methodology
The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely follow this metric to assess the performance of the labor market and inform economic policy decisions.
Key Facts
- The U.S. employed over 155 million people in 2022.
- Employment levels have rebounded from the COVID-19 pandemic.
- The labor force participation rate stands at around 62%.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of persons employed in the United States on an annual basis, with adjustments made to account for seasonal variations in hiring and employment.
Q: Why is this trend relevant for users or analysts?
A: The Persons, Annual, Seasonally Adjusted metric is a key barometer for monitoring the overall health and resilience of the U.S. labor market, which is vital for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. households and businesses conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely follow this indicator to assess the performance of the labor market and inform decisions related to economic and monetary policy.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some time lag in the availability of the most recent figures.
Related Trends
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM55MAJPA647S), retrieved from FRED.