Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Ireland
Annual, Seasonally Adjusted
LFWA64TTIEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,540,550.00
Year-over-Year Change
15.88%
Date Range
1/1/2000 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' trend measures total employment in the United States. It is a key economic indicator used by policymakers and analysts to gauge the overall 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
This series tracks the total number of employed persons in the U.S. on an annual basis, with seasonal fluctuations removed. It provides a comprehensive view of the employment landscape and is widely referenced in economic analysis and forecasting.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor this employment trend to inform decisions on fiscal and monetary policy.
Key Facts
- The U.S. employed over 158 million people in 2021.
- Employment levels recovered to pre-pandemic highs in 2022.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual basis, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This comprehensive employment metric is a crucial indicator of the overall health and direction of the labor market, and is widely used by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor employment trends to inform decisions on fiscal and monetary policy, as employment is a key driver of economic growth and inflation.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a lag of several months, and may be subject to revisions as more information becomes available.
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LORSGPORIEQ661S
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA64TTIEA647S), retrieved from FRED.