Persons, Quarterly, Seasonally Adjusted

LFEMTTTTG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

359,973,000.00

Year-over-Year Change

3.89%

Date Range

1/1/2003 - 4/1/2017

Summary

The 'Persons, Quarterly, Seasonally Adjusted' series measures the total number of employed persons in the United States on a quarterly basis, adjusted for seasonal variations.

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 indicator provides insight into the health and stability of the U.S. labor market. It is closely watched by policymakers, economists, and market analysts to assess economic growth, employment trends, and the potential for inflationary pressures.

Methodology

The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.

Historical Context

The employment trend is a key input for Federal Reserve monetary policy decisions and macroeconomic forecasting.

Key Facts

  • The series is updated quarterly.
  • Employment levels reached a record high in Q4 2019.
  • The COVID-19 pandemic caused a sharp decline in employment in 2020.

FAQs

Q: What does this economic trend measure?

A: The 'Persons, Quarterly, Seasonally Adjusted' series measures the total number of employed persons in the United States on a quarterly basis, adjusted for seasonal variations.

Q: Why is this trend relevant for users or analysts?

A: This economic indicator provides insight into the health and stability of the U.S. labor market, which is closely watched by policymakers, economists, and market analysts to assess economic growth, employment trends, and the potential for inflationary pressures.

Q: How is this data collected or calculated?

A: The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: The employment trend is a key input for Federal Reserve monetary policy decisions and macroeconomic forecasting.

Q: Are there update delays or limitations?

A: The series is updated quarterly, with a typical 1-2 month delay between the end of the reference quarter and the release of the data.

Related Trends

Citation

U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEMTTTTG7Q647S), retrieved from FRED.