Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Portugal
Annual, Seasonally Adjusted
LREM64TTPTA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.80
Year-over-Year Change
22.71%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' trend measures the total employment level in the U.S. economy, providing a high-level indicator of labor market conditions and economic activity.
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 data series represents the total number of employed persons in the United States, adjusted for seasonal variations. It is a widely followed metric that economists and policymakers use to assess the overall health and direction of the labor market.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely watched by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. economy had over 155 million employed persons as of the latest data.
- Employment levels are a key indicator of economic growth and consumer spending.
- Seasonal adjustments help identify underlying trends beyond temporary fluctuations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States, adjusted for seasonal variations. It provides a high-level indicator of labor market conditions and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: The total employment level is a widely followed metric that economists and policymakers use to assess the health and direction of the labor market, which is a critical component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by the Federal Reserve and other institutions to inform economic and monetary policy decisions, as it provides insight into the overall strength of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical one-month lag, and the seasonal adjustments may be subject to revisions as more data becomes available.
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Citation
U.S. Federal Reserve, Total Employment: All Employees, Seasonally Adjusted (LREM64TTPTA156S), retrieved from FRED.