Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Estonia
Seasonally Adjusted
LREM55FEEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.35
Year-over-Year Change
27.40%
Date Range
1/1/2000 - 1/1/2024
Summary
The Seasonally Adjusted employment rate measures the share of the U.S. population that is employed, with seasonal variations removed. This metric is crucial for economists and policymakers to analyze labor market 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 Seasonally Adjusted employment rate is a widely-used economic indicator that tracks the percentage of the civilian non-institutional population that is employed. It is seasonally adjusted to account for predictable fluctuations due to factors like weather, holidays, and school schedules.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The employment rate is a key input for monetary and fiscal policy decisions.
Key Facts
- The employment rate reached a low of 51.3% during the COVID-19 pandemic.
- Women's employment rate has historically been lower than men's.
- Demographic factors like age and education level impact employment rates.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment rate measures the percentage of the U.S. civilian non-institutional population that is employed, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a crucial indicator of labor market health and a key input for economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment rate is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The employment rate data is published monthly with a short lag, providing timely insights into labor market conditions.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (LREM55FEEEA156S), retrieved from FRED.