Infra-Annual Labor Statistics: Employees Total for Hungary

Annual, Seasonally Adjusted

LFESEETTHUA647S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4,151,500.00

Year-over-Year Change

22.89%

Date Range

1/1/1992 - 1/1/2024

Summary

The Annual, Seasonally Adjusted trend measures total employment in the United States. It is a key economic indicator used by policymakers and analysts to assess the health of the labor market.

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 tracks the total number of people employed in the U.S. economy on an annual basis, with seasonal fluctuations removed. It provides a comprehensive view of the overall employment situation and is widely referenced in economic analysis and policy decisions.

Methodology

The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.

Historical Context

Employment trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy.

Key Facts

  • The U.S. economy employed over 158 million people in 2022.
  • Employment levels have recovered to pre-pandemic levels.
  • The service sector accounts for the majority of U.S. employment.

FAQs

Q: What does this economic trend measure?

A: The Annual, Seasonally Adjusted trend measures the total number of people employed in the United States economy on an annual basis, with seasonal fluctuations removed.

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

A: This employment trend is a key indicator of the overall health of the labor market and is closely monitored by policymakers, economists, and businesses to inform economic decisions and policies.

Q: How is this data collected or calculated?

A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Employment trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions, as changes in employment levels can have significant implications for the broader economy.

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.

Related Trends

Citation

U.S. Federal Reserve, Annual, Seasonally Adjusted (LFESEETTHUA647S), retrieved from FRED.