Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Japan
Persons, Annual, Not Seasonally Adjusted
LFEM64TTJPA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58,510,000.00
Year-over-Year Change
2.94%
Date Range
1/1/1968 - 1/1/2024
Summary
This annual, not seasonally adjusted trend measures the total number of persons employed in the U.S. labor force. It provides key insights into the overall state of the economy and employment 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, Annual, Not Seasonally Adjusted series represents the total number of people employed in the U.S., reported on an annual basis without seasonal adjustments. This metric is a core indicator used by economists and policymakers to gauge the strength and trajectory of the labor market.
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 referenced by the Federal Reserve, government agencies, and financial analysts to inform economic policy decisions and market assessments.
Key Facts
- The U.S. labor force totaled over 160 million persons in 2022.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- The annual employment trend is a lagging indicator, reflecting past economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the U.S. labor force on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a core indicator of economic health and a key input for policymakers and analysts assessing the strength of the labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The annual employment trend is closely monitored by the Federal Reserve and other institutions to inform monetary policy decisions and provide insight into the overall state of the economy.
Q: Are there update delays or limitations?
A: The annual employment data has a several month release lag and does not account for seasonal fluctuations, which can limit its timeliness and interpretation.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM64TTJPA647N), retrieved from FRED.