Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Estonia
Annual, Seasonally Adjusted
LREM74TTEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.93
Year-over-Year Change
11.35%
Date Range
1/1/2000 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted employment level for the total economy in the United States. It is a key indicator of overall 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
The Annual, Seasonally Adjusted employment level tracks the total number of persons employed in the U.S., adjusted to account for typical seasonal variations. This metric is widely used by economists, policymakers, and analysts to gauge the health and trajectory of the broader economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in this series are closely monitored for insights into monetary and fiscal policy decisions.
Key Facts
- The series dates back to 1939.
- Employment levels reached a record high in 2019 before the COVID-19 pandemic.
- The data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of persons employed in the United States, adjusted to account for typical seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: Changes in the annual, seasonally adjusted employment level provide crucial insights into the overall health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in this series are closely monitored by policymakers, central bankers, and analysts to inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM74TTEEA156S), retrieved from FRED.