Employment Rate: Aged 25-54: Males for the Euro Area (19 Countries)
Annual, Seasonally Adjusted
LREM25MAEZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.38
Year-over-Year Change
3.72%
Date Range
1/1/2005 - 1/1/2022
Summary
The Annual, Seasonally Adjusted trend measures the total nonfarm employment level in the United States. This key economic indicator provides insights into 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 monthly series represents the total number of employees on nonfarm payrolls, seasonally adjusted to account for regular fluctuations. It is a widely followed metric used by economists, policymakers, and market analysts to assess the broader employment situation and economic conditions.
Methodology
The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in nonfarm payroll employment are closely monitored for their implications on consumer spending, inflation, and Federal Reserve policy decisions.
Key Facts
- The U.S. nonfarm payroll employment level was 151.1 million as of January 2023.
- Employment has increased by 4.8 million jobs over the past 12 months.
- The unemployment rate stands at 3.4% as of January 2023.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the total number of employees on nonfarm payrolls in the United States, providing insights into the overall health of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Changes in nonfarm payroll employment are closely watched by economists, policymakers, and market participants as a key indicator of economic growth and the strength of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The nonfarm payroll employment data is a critical input for the Federal Reserve's monetary policy decisions, as changes in employment levels can impact consumer spending, inflation, and the overall economic outlook.
Q: Are there update delays or limitations?
A: The nonfarm payroll employment data is released monthly by the Bureau of Labor Statistics, with a typical delay of around two to three weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM25MAEZA156S), retrieved from FRED.