Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Ireland
Persons, Annual, Not Seasonally Adjusted
LFEMTTTTIEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,757,400.00
Year-over-Year Change
46.64%
Date Range
1/1/1956 - 1/1/2024
Summary
This trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis. It is a key indicator of the overall state of the labor market and 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 individuals employed in the U.S. economy over the course of a calendar year. It is a widely followed statistic used by economists, policymakers, and analysts to assess long-term employment trends and the health of the labor market.
Methodology
The data is collected through surveys of households and businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Key Facts
- The annual, not seasonally adjusted employment figure reached a high of 157.5 million in 2019.
- Employment declined sharply in 2020 due to the COVID-19 pandemic before gradually recovering.
- The data is released with a lag of several months after the end of each calendar year.
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. It provides a broad overview of employment levels in the economy.
Q: Why is this trend relevant for users or analysts?
A: The annual employment figure is a key indicator of the overall health and direction of the labor market and broader economic activity. It is closely watched by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual employment trend is monitored by the Federal Reserve and other government agencies to inform economic and policy decisions, such as monetary policy actions and assessments of the overall state of the labor market.
Q: Are there update delays or limitations?
A: The data is released with a lag of several months after the end of each calendar year, so the most recent figures may not reflect the current economic conditions.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEMTTTTIEA647N), retrieved from FRED.