Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Switzerland
Persons, Annual, Seasonally Adjusted
LFEM64TTCHA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,669,025.00
Year-over-Year Change
10.79%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the total number of employed persons in the United States on an annual, seasonally adjusted basis. It is a key indicator of the overall health and performance 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 statistic tracks the total count of employed individuals in the U.S. across all industries and occupations. It is a widely followed metric that provides insight into employment trends and the broader economic environment.
Methodology
The data is collected through the Current Population Survey (CPS), a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
This employment figure is closely monitored by policymakers, economists, and market analysts to gauge the strength of the U.S. economy.
Key Facts
- The U.S. employed over 158 million people in 2022.
- Employment levels fell sharply during the COVID-19 pandemic.
- The labor force participation rate was 62.4% as of January 2023.
FAQs
Q: What does this economic trend measure?
A: This trend measures 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 figures are a crucial indicator of the overall health and performance of the U.S. labor market, providing insight into economic conditions and labor force dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), 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: This employment statistic is closely monitored by policymakers, economists, and market analysts to gauge the strength of the U.S. economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The employment data is published on a monthly basis, with an annual, seasonally adjusted figure provided.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM64TTCHA647S), retrieved from FRED.