Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Estonia

Persons, Annual, Seasonally Adjusted

LFEM64TTEEA647S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

653,975.00

Year-over-Year Change

9.27%

Date Range

1/1/2000 - 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 labor market health and economic activity.

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 people employed in the U.S. economy over a 12-month period, with seasonal fluctuations removed. It is a widely tracked metric for assessing the strength and resilience of the labor market.

Methodology

The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.

Historical Context

This employment trend is closely monitored by policymakers, economists, and market analysts to gauge the overall performance of the U.S. economy.

Key Facts

  • The U.S. employed over 158 million people in 2022.
  • Employment levels have recovered to pre-pandemic highs.
  • The services sector accounts for the majority of U.S. employment.

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 level is a key indicator of labor market health and overall economic activity, making it highly relevant for policymakers, economists, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This employment trend is closely monitored by policymakers to assess the strength and resilience of the labor market, which informs economic policy decisions.

Q: Are there update delays or limitations?

A: The annual, seasonally adjusted employment data is released with a short lag, typically a few months after the end of the calendar year.

Related Trends

Citation

U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM64TTEEA647S), retrieved from FRED.