Employed Population: Aged 15 and Over: All Persons for the European Union
Persons, Annual, Not Seasonally Adjusted
LFEMTTTTEUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
232,650,075.00
Year-over-Year Change
5.67%
Date Range
1/1/2000 - 1/1/2019
Summary
This annual economic trend measures the total number of persons employed in the United States. It provides valuable insights into the state of the labor market 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
The Persons, Annual, Not Seasonally Adjusted trend represents the total number of employed individuals in the U.S. economy on an annual basis. This metric is closely monitored by economists, policymakers, and market participants to gauge the health and direction of the labor force.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used to inform economic policy decisions and market analysis.
Key Facts
- The annual employment level reached a record high of over 157 million in 2019.
- Employment levels dropped sharply in 2020 due to the COVID-19 pandemic.
- The recovery in employment has been gradual, with the 2021 level still below the pre-pandemic peak.
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 basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the health and direction of the labor market, which is a key driver of overall economic activity.
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 trend is widely used by policymakers, economists, and market participants to inform economic policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEMTTTTEUA647N), retrieved from FRED.