Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Austria
Annual, Seasonally Adjusted
LREMTTTTATA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.33
Year-over-Year Change
0.95%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures total employment in the United States on an annual basis, adjusted for seasonal variations. This metric is a key indicator of the overall health and performance of the U.S. 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
This series represents the total number of people employed in the United States, including both full-time and part-time workers. Economists and policymakers closely monitor this data to assess the strength of the economy and guide employment-related policies.
Methodology
The data is collected through monthly surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Annual employment figures are used to analyze broader labor market trends and inform economic and workforce development policies.
Key Facts
- The U.S. had over 158 million employed people in 2022.
- Annual employment data is released by the Bureau of Labor Statistics each January.
- Seasonal adjustments help account for hiring fluctuations throughout the year.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the total number of people employed in the United States on an annual basis, with adjustments made to account for seasonal variations in hiring.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and performance of the U.S. labor market, which is closely watched by economists, policymakers, and businesses to assess economic conditions and guide employment-related policies.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of households and businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Annual employment figures are used to analyze broader labor market trends and inform economic and workforce development policies, such as those related to job creation, unemployment benefits, and skills training.
Q: Are there update delays or limitations?
A: The annual employment data is typically released by the Bureau of Labor Statistics each January, with a lag of several months from the end of the previous year.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREMTTTTATA156S), retrieved from FRED.