Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Austria
Persons, Annual, Not Seasonally Adjusted
LFEMTTMAATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,358,500.00
Year-over-Year Change
8.62%
Date Range
1/1/1969 - 1/1/2024
Summary
This economic trend measures the total annual number of persons employed in the United States. It provides important insights into the overall state of the labor market and economy.
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 total number of persons employed is a key indicator of economic activity and health. This metric is widely used by economists, policymakers, and analysts to assess employment trends, labor force participation, and broader macroeconomic conditions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is a crucial input for fiscal and monetary policy decisions.
Key Facts
- Annual employment reached a record high of over 158 million in 2019.
- Employment levels dropped sharply in 2020 due to the COVID-19 pandemic.
- The employment-to-population ratio is a closely watched labor market indicator.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual number of persons employed in the United States, providing insights into the overall state of the labor market.
Q: Why is this trend relevant for users or analysts?
A: The total number of persons employed is a key indicator of economic activity and health, widely used by economists, policymakers, and analysts to assess employment trends and broader macroeconomic conditions.
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 fiscal and monetary policy decisions made by governments and central banks.
Q: Are there update delays or limitations?
A: The employment data is published on a regular annual basis, with occasional revisions to account for updated survey information.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEMTTMAATA647N), retrieved from FRED.