Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Sweden
Persons, Annual, Seasonally Adjusted
LFEMTTTTSEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,302,850.00
Year-over-Year Change
13.87%
Date Range
1/1/1963 - 1/1/2024
Summary
The 'Persons, Annual, Seasonally Adjusted' economic trend measures the total number of employed persons in the United States on an annual basis, adjusted for seasonal variations. This key labor market indicator provides insights into the health and dynamics of the U.S. economy.
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 series represents the total number of employed persons in the U.S., including both full-time and part-time workers. It is an important measure of economic activity and labor force participation, often used by policymakers, economists, and market analysts to assess the overall employment situation and broader macroeconomic conditions.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Bureau of Labor Statistics.
Historical Context
Trends in total employment are closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Key Facts
- The U.S. employed over 158 million people in 2022.
- Employment levels reached a record high in 2022 after the COVID-19 pandemic.
- The unemployment rate in the U.S. was 3.7% as of December 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Seasonally Adjusted' trend measures the total number of employed persons in the United States on an annual basis, with adjustments made for seasonal variations in employment.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator of the overall health and performance of the U.S. labor market and economy. It provides insights into employment levels, labor force participation, and broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in total employment are closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions, as employment levels are a key factor in assessing the overall health of the economy.
Q: Are there update delays or limitations?
A: The 'Persons, Annual, Seasonally Adjusted' data is released on a monthly basis with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEMTTTTSEA647S), retrieved from FRED.