Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Estonia
Persons, Seasonally Adjusted
LFEMTTTTEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
703,825.00
Year-over-Year Change
14.46%
Date Range
1/1/1989 - 1/1/2024
Summary
The 'Persons, Seasonally Adjusted' economic trend measures the total number of employed persons in the United States, a key indicator of labor market health 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 data series, published by the U.S. Bureau of Labor Statistics, tracks the seasonally adjusted count of employed civilians aged 16 and over. It is a widely referenced metric for monitoring the strength and trajectory of the American workforce.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
Policymakers and analysts use this employment trend to gauge the state of the economy and inform decisions around monetary and fiscal policy.
Key Facts
- The U.S. employed over 158 million people as of the latest data.
- Employment levels are a key factor in Federal Reserve monetary policy decisions.
- The unemployment rate is calculated using the Persons, Seasonally Adjusted data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States, including both full-time and part-time workers.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a crucial indicator of economic health and a key factor in policy decisions, making this data highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, including the Federal Reserve, closely monitor employment trends to inform decisions around monetary and fiscal policies aimed at promoting stable economic growth.
Q: Are there update delays or limitations?
A: The employment data is released monthly with a short delay, and the seasonally adjusted figures can be subject to revisions as additional data becomes available.
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Citation
U.S. Bureau of Labor Statistics, Persons, Seasonally Adjusted (LFEMTTTTEEA647S), retrieved from FRED.