Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Luxembourg
Persons, Annual, Seasonally Adjusted
LFEM74MALUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170,725.00
Year-over-Year Change
29.61%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted number of employed persons in the United States. 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 employed individuals in the U.S. workforce over a 12-month period, with seasonal variations removed. This metric is widely used by economists and policymakers to assess the strength and resilience of the American labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts closely monitor this employment trend to gauge the overall state of the economy and inform decision-making.
Key Facts
- The U.S. employed workforce totaled over 158 million in 2021.
- Employment levels have largely recovered to pre-pandemic highs.
- The labor force participation rate remains below its 2020 peak.
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 crucial indicator of the overall health and strength of the U.S. economy, making this trend highly relevant for economists, policymakers, and market participants.
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: Policymakers and central banks closely monitor employment trends to assess the state of the labor market and broader economy, informing decisions on interest rates, stimulus measures, and other policy actions.
Q: Are there update delays or limitations?
A: The employment data is released monthly with a relatively short delay, providing timely insights into labor market conditions.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM74MALUA647S), retrieved from FRED.