Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Sweden
Persons, Annual, Seasonally Adjusted
LFEMTTMASEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,783,300.00
Year-over-Year Change
13.96%
Date Range
1/1/1963 - 1/1/2024
Summary
The 'Persons, Annual, Seasonally Adjusted' trend measures the total number of employed persons in the United States on an annual basis, with seasonal factors removed. It provides a broad indicator of labor market conditions and overall 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
This economic series tracks the total number of employed individuals in the U.S. population, including both full-time and part-time workers. It is a key measure of the overall size and strength of the labor force and is widely used by economists and policymakers to assess the health of the U.S. economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The U.S. employed population reached a record high of over 157 million in 2019.
- The employment rate declined sharply during the COVID-19 pandemic in 2020.
- The services sector accounts for the largest share 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 basis, with seasonal factors removed.
Q: Why is this trend relevant for users or analysts?
A: The employment trend is a key indicator of the overall health and strength of the U.S. labor market and economy, and is closely monitored by economists, policymakers, and other stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment trend is a crucial input for the Federal Reserve and other institutions when making decisions about monetary and fiscal policy to support economic growth and stability.
Q: Are there update delays or limitations?
A: The employment data is released monthly, with the annual seasonally adjusted figure typically published in January for the previous year.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEMTTMASEA647S), retrieved from FRED.