Annual, Not Seasonally Adjusted
LFWA64TTG7A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
480,846,000.00
Year-over-Year Change
2.59%
Date Range
1/1/2005 - 1/1/2016
Summary
This trend measures the total employment level in the United States on an annual, not seasonally adjusted basis. It provides important insight into long-term employment patterns and trends.
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 Annual, Not Seasonally Adjusted employment level represents the total number of people employed in the U.S. economy over the course of a calendar year, without adjusting for seasonal fluctuations. This metric is useful for analyzing broad, multi-year employment changes.
Methodology
The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this metric to gauge the overall health and direction of the U.S. labor market.
Key Facts
- The annual employment level reached a high of 155 million in 2019.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic.
- The service sector accounts for the majority of annual U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the United States over the course of a calendar year, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into long-term employment patterns and trends, which is crucial for understanding the overall health and direction of the U.S. labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to gauge the overall health and direction of the U.S. labor market, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a several-month delay after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA64TTG7A647S), retrieved from FRED.