Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Hungary
Persons, Annual, Seasonally Adjusted
LFEM55TTHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
812,050.00
Year-over-Year Change
58.37%
Date Range
1/1/1999 - 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 provides insights into the overall state of the labor market and is closely monitored by economists and policymakers.
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 represents the total number of employed individuals in the U.S. economy, adjusted for seasonal fluctuations. This metric is a key barometer of economic health and labor force participation.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is widely used to inform economic policy decisions and assess the strength of the U.S. labor market.
Key Facts
- The U.S. employed over 155 million people in 2022.
- Employment levels reached a record high in 2022 after the COVID-19 pandemic.
- The labor force participation rate was 62.2% as of 2022.
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: The employment level is a key metric for understanding the overall strength of the labor market and the state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment indicator is widely used by policymakers, economists, and analysts to inform economic policy decisions and assess the health of the U.S. labor market.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted employment data is published with a short lag, typically within a few months of the end of the calendar year.
Related Trends
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Provisions to Non-Performing Loans for Hungary
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM55TTHUA647S), retrieved from FRED.