Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Switzerland
Annual, Seasonally Adjusted
LREM55TTCHA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.10
Year-over-Year Change
10.08%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment level in the U.S. Total Economy. It is a key indicator used by economists and policymakers to assess the 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
The Annual, Seasonally Adjusted employment level tracks the total number of employed persons in the U.S. economy over a 12-month period, with seasonal fluctuations removed. This broad measure provides insights into overall employment trends and the strength of the macroeconomic environment.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers closely monitor this employment trend to inform decisions related to monetary and fiscal policy.
Key Facts
- The annual, seasonally adjusted employment level reached a high of 158.8 million in 2019.
- Employment levels saw a sharp decline during the COVID-19 pandemic, falling to 151.4 million in 2020.
- The recovery in employment has been gradual, with the level reaching 155.4 million as of the latest data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted employment level in the U.S. Total Economy, providing insights into overall labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This broad employment measure is a key economic indicator used by policymakers, economists, and analysts to assess the health and strength of the U.S. labor market and macroeconomic environment.
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: Economists and policymakers closely monitor this employment trend to inform decisions related to monetary and fiscal policy, as it provides insights into the overall strength of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM55TTCHA156S), retrieved from FRED.