Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Slovak Republic
Persons, Annual, Seasonally Adjusted
LFEM74TTSKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,617,875.00
Year-over-Year Change
9.36%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the total number of employed persons in the U.S. on an annual, seasonally adjusted basis. 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' metric tracks the total number of employed individuals in the United States over a 12-month period, with seasonal variations accounted for. This data point is widely used by economists and policymakers to assess the strength and trends in the U.S. labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. employed over 158 million people in 2022.
- Employment levels have largely recovered to pre-pandemic highs.
- The services sector accounts for the majority of U.S. employment.
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: This employment metric is a key indicator of labor market health and overall economic activity, making it highly relevant for economists, policymakers, and market analysts.
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 closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a slight delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM74TTSKA647S), retrieved from FRED.