Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Hungary
Persons, Annual, Not Seasonally Adjusted
LFEM74TTHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,699,325.00
Year-over-Year Change
22.79%
Date Range
1/1/1999 - 1/1/2024
Summary
This annual, non-seasonally adjusted data series tracks the total number of persons employed in the United States. It provides insights into national employment trends that are valuable for economists and policymakers.
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 from the U.S. Federal Reserve's FRED database measures the total number of employed individuals in the country on an annual basis, without adjusting for seasonal variations. This metric offers a broad view of the U.S. labor market that can inform economic analysis and guide policy decisions.
Methodology
The data is collected through surveys of households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this employment trend to evaluate the overall health of the economy and inform economic policy.
Key Facts
- The series covers the total number of employed persons in the U.S.
- Data is reported on an annual, non-seasonally adjusted basis.
- This metric provides a broad view of national employment trends.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of persons employed in the United States on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This broad employment metric offers valuable insights into the overall health of the U.S. labor market, which is 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: Policymakers and analysts use this employment data to evaluate the state of the economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The annual, non-seasonally adjusted nature of this data series may result in delays compared to more frequently updated, seasonally adjusted employment measures.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM74TTHUA647N), retrieved from FRED.