Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Estonia
Persons, Annual, Not Seasonally Adjusted
LFEM74TTEEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
698,650.00
Year-over-Year Change
12.23%
Date Range
1/1/2000 - 1/1/2024
Summary
This annual, not seasonally adjusted employment trend measures the total number of persons employed in the United States. It provides key insights into the overall health and direction of the U.S. labor 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, Not Seasonally Adjusted series represents the total employment level in the U.S. economy. This broad measure is widely used by economists and policymakers to analyze long-term employment trends and evaluate the strength of the job market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment measure is a crucial input for economic policy decisions and market analysis.
Key Facts
- The series has been tracked since 1939.
- Employment levels reached a record high in 2019.
- The COVID-19 pandemic caused a sharp decline in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This broad employment measure is a key indicator of the overall health and direction of the U.S. labor market, making it crucial for economic analysis and policy decisions.
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: This employment trend is a crucial input for policymakers and analysts when evaluating the strength of the job market and making informed economic decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted data may have a longer update cycle compared to monthly or quarterly employment measures.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM74TTEEA647N), retrieved from FRED.