Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Austria
Persons, Annual, Seasonally Adjusted
LFEM74TTATA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,476,550.00
Year-over-Year Change
9.96%
Date Range
1/1/1999 - 1/1/2024
Summary
This annual, seasonally adjusted series tracks the total number of persons employed in the U.S. labor force. It is a key economic indicator used to assess the overall health of the job market.
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' trend measures the total workforce participation in the United States, providing valuable insights into employment conditions and economic performance. Economists and policymakers closely monitor this data to inform decision-making and policy.
Methodology
This data is collected and published by the U.S. Bureau of Labor Statistics through comprehensive national surveys.
Historical Context
This labor force participation metric is widely used to evaluate the strength of the U.S. economy and inform monetary and fiscal policies.
Key Facts
- The U.S. labor force comprises over 160 million workers.
- Participation rates have fluctuated between 62-67% in recent decades.
- Employment data is a leading indicator of economic health and consumer confidence.
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, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Labor force participation is a key indicator of economic performance and a major factor in assessing the overall health of the job market.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive national surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is closely monitored by economists and policymakers to inform monetary and fiscal policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The data is published annually with a short time lag, providing timely insights into the state of the U.S. labor force.
Related Trends
Leading Indicators OECD: Component series: Interest rate spread: Normalised for Austria
AUTLOCOSINOSTSAM
Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Austria
BSCURT02ATQ160S
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Austria
LRUNTTTTATQ156S
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for Austria
LFAC24FEATA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Austria
AUTCP010000GYM
International Trade: Net Trade: Value (Goods): Total for Austria
AUTXTNTVA01STSAQ
Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM74TTATA647S), retrieved from FRED.