Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Turkiye
Persons, Annual, Not Seasonally Adjusted
LFEM64TTTRA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,470,500.00
Year-over-Year Change
30.20%
Date Range
1/1/2006 - 1/1/2024
Summary
This annual, not seasonally adjusted economic trend measures the total number of persons employed in the United States. It provides valuable insights into the state of the labor market 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, Not Seasonally Adjusted metric represents the total number of individuals employed in the U.S. economy over a 12-month period. This key labor force statistic is widely used by economists, policymakers, and analysts to evaluate employment trends and assess the broader macroeconomic environment.
Methodology
The data is collected through surveys of households conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Key Facts
- The annual employment figure reached a record high in 2019.
- The COVID-19 pandemic caused a sharp decline in employment in 2020.
- Employment levels are a key indicator of economic health and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States over a 12-month period on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a crucial macroeconomic indicator, providing insights into the strength of the labor market and the overall state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Persons, Annual, Not Seasonally Adjusted metric is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released annually, with a delay of several months from the end of the reference period.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM64TTTRA647N), retrieved from FRED.