Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Austria
Persons, Quarterly, Seasonally Adjusted
LFEM64TTATQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,401,589.00
Year-over-Year Change
1.32%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the total number of persons employed in the United States on a quarterly, seasonally adjusted basis. It is a key indicator of labor market conditions and economic growth.
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' series tracks the total employment level in the U.S. over time. It is a widely-used metric for evaluating the strength and direction of the national job market, which has important implications for policymakers and financial markets.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- Quarterly, seasonally adjusted employment in the U.S. reached a record high of 158.8 million in Q4 2019.
- Employment levels fell sharply during the COVID-19 pandemic, declining by over 22 million in Q2 2020.
- The labor force participation rate was 61.7% as of Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on a quarterly, seasonally adjusted basis. It is a comprehensive indicator of the overall size of the U.S. labor force.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a critical barometer of economic health and performance. This data helps policymakers, businesses, and investors assess the strength of the job market and make informed decisions.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment level is a key input for the Federal Reserve and other policymakers when setting monetary and fiscal policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The employment data is released quarterly with a lag of approximately one month. There may also be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM64TTATQ647S), retrieved from FRED.