Annual, Not Seasonally Adjusted
LFUNTTFEO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,776,000.00
Year-over-Year Change
5.09%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the total number of employed people in the United States on an annual basis, without adjusting for seasonal fluctuations. This metric is a key indicator of the overall health and growth of the U.S. 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 annual employment statistic provides a broad snapshot of total employment levels in the country, offering important context for economic and policy analysis. The data is not seasonally adjusted, meaning it reflects the raw employment totals without removing predictable seasonal variations.
Methodology
The Bureau of Labor Statistics collects this data through household surveys of the U.S. civilian non-institutional population.
Historical Context
Policymakers and economists closely monitor employment trends to gauge the strength of the economy and guide decisions around fiscal and monetary policies.
Key Facts
- The U.S. had over 158 million employed people in 2021.
- Employment levels dropped sharply in 2020 due to the COVID-19 pandemic.
- Annual employment data helps track long-term economic trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed people in the United States on an annual basis, without adjusting for seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: This annual employment data provides important context for assessing the overall health and growth of the U.S. labor market, which is a key indicator of broader economic conditions.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects this data through household surveys of the U.S. civilian non-institutional population.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor employment trends to gauge the strength of the economy and guide decisions around fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a lag of several months, as the BLS compiles and finalizes the survey results.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUNTTFEO1A647S), retrieved from FRED.