Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Sweden
Annual, Not Seasonally Adjusted
LREM74TTSEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.98
Year-over-Year Change
5.71%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the annual rate of employment in the U.S. on a not seasonally adjusted basis. It provides important insights into long-term employment patterns and workforce participation.
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, not seasonally adjusted employment rate tracks the total number of people employed in the United States over a 12-month period. This metric is a key indicator of the overall health and growth of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor this trend to assess the strength of the economy and guide decisions around fiscal and monetary policy.
Key Facts
- The annual employment rate reached a high of 63.3% in 2000.
- Employment rates declined during the Great Recession, falling to 58.5% in 2010.
- The annual employment rate has gradually recovered, reaching 61.1% in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted rate of employment in the United States. It tracks the total number of people employed over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The annual employment rate is a key indicator of the overall health and growth of the U.S. labor market, providing important insights for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the strength of the economy and guide decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The annual employment rate data is published with a brief delay and may not capture the most recent economic conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM74TTSEA156N), retrieved from FRED.