Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Norway
Annual, Not Seasonally Adjusted
LREMTTTTNOA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.90
Year-over-Year Change
-9.10%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the United States. It is a key indicator of overall labor market conditions and economic performance.
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 level tracks the total number of employed persons in the U.S. on an annual basis, without adjusting for seasonal variations. This broad measure is used by economists and policymakers to assess the strength and trajectory of the national 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
The employment trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The annual employment level reached a record high of 157.5 million in 2019.
- The COVID-19 pandemic caused a sharp decline in employment in 2020.
- Employment levels vary significantly by industry and demographic factors.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted employment level tracks the total number of employed persons in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This broad measure of employment is a key indicator of overall labor market conditions and economic performance, and is closely monitored by economists, policymakers, and other stakeholders.
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: The employment trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions, as it provides insight into the strength and trajectory of the national labor market.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a one-month lag, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREMTTTTNOA156N), retrieved from FRED.