Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Estonia
Persons, Quarterly, Seasonally Adjusted
LFEM74TTEEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
682,342.80
Year-over-Year Change
1.18%
Date Range
1/1/2000 - 1/1/2025
Summary
This quarterly, seasonally adjusted series measures the total number of employed persons in the United States. It is a key indicator of the overall health and stability of the 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, Quarterly, Seasonally Adjusted' metric tracks the total number of employed individuals in the U.S. economy on a quarterly basis, with seasonal fluctuations accounted for. This provides economists and policymakers with an important high-level view of employment trends.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Trends in total employment are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. employed over 159 million people as of the latest quarter.
- Employment levels are a leading indicator of economic growth and consumer confidence.
- Seasonal adjustments help identify underlying employment trends.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Quarterly, Seasonally Adjusted' metric tracks the total number of employed individuals in the U.S. economy on a quarterly basis, with seasonal factors removed.
Q: Why is this trend relevant for users or analysts?
A: Total employment is a critical indicator of the overall health and stability of the labor market, providing important insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Employment trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions aimed at promoting full employment and price stability.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately one month. Seasonal adjustments may be subject to revision as new data becomes available.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM74TTEEQ647S), retrieved from FRED.