Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Slovak Republic
Persons, Annual, Seasonally Adjusted
LFEM64TTSKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,562,575.00
Year-over-Year Change
7.58%
Date Range
1/1/1999 - 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 overall 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 employed individuals in the U.S. economy, adjusted for seasonal fluctuations. This metric is widely used by economists and policymakers to assess the strength and resilience of the labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a comprehensive household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The series has been tracked since 1948.
- The U.S. employed over 158 million people in 2021.
- Employment levels are a crucial input for GDP and productivity analysis.
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: Employment levels are a key indicator of labor market health and overall economic activity, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a comprehensive 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 the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM64TTSKA647S), retrieved from FRED.