Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Hungary
Annual, Not Seasonally Adjusted
LFWA64TTHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,092,075.00
Year-over-Year Change
-8.99%
Date Range
1/1/1999 - 1/1/2024
Summary
This trend measures the total annual employment level in the United States, without seasonal adjustments. It provides crucial insights into long-term workforce dynamics.
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 employed persons in the U.S. over a 12-month period. This unadjusted metric is valuable for analyzing underlying labor market trends and identifying seasonal employment patterns.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment metric is closely monitored by policymakers, economists, and businesses to assess the overall health of the U.S. labor market.
Key Facts
- The annual employment level reached a record high of 157.5 million in 2019.
- Manufacturing employment has declined by over 5 million jobs since the 1970s.
- The employment-population ratio was 60.1% in 2021, down from 63.0% in 2007.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment level in the United States, without adjusting for seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted annual employment level provides valuable insights into long-term labor market dynamics, which is crucial for economic policymaking and business planning.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment metric is closely monitored by policymakers, economists, and businesses to assess the overall health of the U.S. labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The annual employment data is released with a short delay, typically several months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA64TTHUA647N), retrieved from FRED.