Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Luxembourg
Annual, Seasonally Adjusted
LREMTTTTLUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.33
Year-over-Year Change
4.67%
Date Range
1/1/2003 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the total employment level in the United States on an annual basis, adjusted for seasonal variations. This key economic indicator provides insight into the overall health and growth 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
The Annual, Seasonally Adjusted employment level tracks the total number of people employed in the United States, adjusted to account for predictable seasonal fluctuations. This metric is widely used by economists, policymakers, and analysts to assess the strength and trajectory of the U.S. economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The employment level is a critical input for economic analysis and policy decisions related to the labor market, consumer spending, and overall economic growth.
Key Facts
- The U.S. employment level reached a record high in 2019 prior to the COVID-19 pandemic.
- Employment levels can indicate the strength of consumer demand and business investment.
- Seasonal adjustments help identify underlying trends beyond temporary fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted employment level tracks the total number of people employed in the United States, adjusted to account for predictable seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a crucial indicator of the overall health and growth of the U.S. economy, providing insights into consumer demand, business investment, and labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment level is a key input for economic analysis and policy decisions related to the labor market, consumer spending, and overall economic growth.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a delay in reporting, but the annual, seasonally adjusted employment level provides a reliable long-term trend for economic assessment.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREMTTTTLUA156S), retrieved from FRED.