Persons, Annual, Not Seasonally Adjusted
LFHUADFEO1A647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,690,000.00
Year-over-Year Change
10.48%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the total number of persons employed on an annual basis without seasonal adjustments. It provides a broad indicator of the overall employment level in the United States.
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 metric represents the total number of individuals employed in the U.S. over the course of a calendar year. This unadjusted data is useful for analyzing long-term employment trends without the distorting effects of seasonal hiring patterns.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment statistic is a key input for economic policymakers and market analysts in assessing the health of the labor market.
Key Facts
- The annual employment level reached a high of 158.93 million in 2019.
- Employment declined sharply in 2020 due to the COVID-19 pandemic.
- This metric excludes seasonal adjustments to provide a raw count of total workers.
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 basis, without adjustments for seasonal hiring patterns.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted annual employment level is a key indicator of the overall health and direction of the U.S. labor market, providing important context for economic policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment statistic is a crucial input for economic policymakers in assessing labor market conditions and informing decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual employment data is typically published with a delay of several months following the end of the calendar year.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFHUADFEO1A647N), retrieved from FRED.