Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Norway
Annual, Seasonally Adjusted
LREM55TTNOA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.63
Year-over-Year Change
3.12%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment level in the United States. It provides a broad indicator of the strength and direction 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. This metric is closely watched by economists and policymakers as a barometer of economic health and the state of the labor force.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers use this employment data to inform decisions around monetary and fiscal policy.
Key Facts
- The U.S. employed over 155 million people in 2022.
- Employment levels have rebounded since the COVID-19 recession.
- The employment-population ratio was 60.1% in 2022.
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, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual, seasonally adjusted employment level is a key indicator of the strength and direction of the U.S. labor market, which is closely watched by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers use this employment data to inform decisions around monetary and fiscal policy, as it provides insight into the overall health of the economy.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted employment data is typically released with a one-month lag by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM55TTNOA156S), retrieved from FRED.