Persons, Quarterly, Seasonally Adjusted
LFHU24FEG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,902,000.00
Year-over-Year Change
-26.16%
Date Range
1/1/2004 - 7/1/2017
Summary
This quarterly, seasonally adjusted employment trend measures the total number of persons employed 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
The 'Persons, Quarterly, Seasonally Adjusted' metric tracks the total volume of employment in the U.S. on a quarterly basis, with seasonal fluctuations removed. This time series is a comprehensive measure of the overall employment picture, covering both full-time and part-time workers across all sectors.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment metric is closely watched by the Federal Reserve and other policymakers to inform decisions around monetary and fiscal policy.
Key Facts
- The U.S. employed over 150 million people as of the latest quarterly report.
- Employment levels are a key input for assessing economic growth and the strength of the labor market.
- Seasonal adjustments remove recurring fluctuations to provide a more reliable picture of underlying employment trends.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of persons employed in the United States on a quarterly basis, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a critical indicator of economic health and are closely monitored by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment metric is a key input for the Federal Reserve and other policymakers when making decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight lag from the end of the reference period.
Related Trends
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for G7
G7LFEAINTTSTQ
Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for G7
G7LFAC25MASTQ
Infra-Annual Labor Statistics: Working-Age Population Female: From 55 to 64 Years for G7
G7LFWA55FESTSAQ
International Merchandise Trade Statistics: Trade Balance: Commodities for G7
G7XTNTVA01CXMLM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for G7
G7LFIN24MASTQ
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7
G7LFEM55MAGPSAQ
Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFHU24FEG7Q647S), retrieved from FRED.