Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Australia
Persons, Annual, Not Seasonally Adjusted
LFEMTTTTAUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,355,440.00
Year-over-Year Change
26.47%
Date Range
1/1/1964 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis. It provides important insights into the overall health and dynamics of the U.S. 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, Annual, Not Seasonally Adjusted' trend represents the total employment level in the country, regardless of seasonal factors. This metric is widely used by economists and policymakers to analyze broader employment trends and inform economic decision-making.
Methodology
The data is collected through comprehensive household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is a key indicator for assessing the strength of the U.S. economy and guiding policy decisions related to employment, consumer spending, and overall economic growth.
Key Facts
- The U.S. employed over 159 million people in 2021.
- Employment levels declined during the COVID-19 pandemic but have since recovered.
- This metric does not account for seasonal fluctuations in hiring and layoffs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and dynamics of the U.S. labor market, which is a key driver of economic growth and consumer spending.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is a key indicator for assessing the strength of the U.S. economy and guiding policy decisions related to employment, consumer spending, and overall economic growth.
Q: Are there update delays or limitations?
A: This data is published on an annual basis and does not account for seasonal fluctuations in hiring and layoffs.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEMTTTTAUA647N), retrieved from FRED.