Persons, Quarterly, Seasonally Adjusted
LFEM55TTG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61,723,000.00
Year-over-Year Change
7.28%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the quarterly, seasonally adjusted number of employed persons in the United States. It is a key indicator of the overall health of the labor market and economic conditions.
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 individuals employed in the U.S. on a quarterly basis, with seasonal fluctuations removed. This data point is widely used by economists and policymakers to analyze workforce trends and labor force participation.
Methodology
The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The U.S. labor force consists of approximately 164 million people.
- The unemployment rate in the U.S. was 3.6% as of April 2023.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted number of employed persons in the United States. It provides a snapshot of the overall size of the U.S. workforce.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of the health of the U.S. labor market and broader economic conditions. It helps economists and policymakers assess workforce trends and labor force participation.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Persons, Quarterly, Seasonally Adjusted trend is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short delay to allow for collection and processing.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM55TTG7Q647S), retrieved from FRED.