Employment for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
Thousands of Jobs
IPUGN42W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,264.80
Year-over-Year Change
9.06%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' economic trend measures the total number of jobs in the U.S. non-farm private sector, a key indicator of the overall health of the 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 tracks the total employment level in the U.S. excluding government workers. It is a widely-followed metric that provides insight into the strength of the economy and helps policymakers assess the effectiveness of their interventions.
Methodology
The data is collected through a monthly survey of employers conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The 'Thousands of Jobs' trend is a crucial input for the Federal Reserve and other policymakers in evaluating economic conditions and making decisions.
Key Facts
- The U.S. non-farm private sector employs over 130 million workers.
- Employment levels are a key driver of consumer spending and economic growth.
- The jobs trend is closely watched by the Federal Reserve and other policymakers.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' metric tracks the total number of employed workers in the U.S. non-farm private sector, excluding government workers.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the strength of the broader economy and labor market, which is crucial information for policymakers, businesses, and individual consumers.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Thousands of Jobs' metric is a key input used by the Federal Reserve and other policymakers to assess economic conditions and guide policy decisions.
Q: Are there update delays or limitations?
A: The employment data is released by the Bureau of Labor Statistics on a monthly basis, with a typical delay of 1-2 weeks from the end of the reference period.
Related Trends
Labor Compensation for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421L020000000
Labor Compensation for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
IPUGN4232L020000000
Hourly Compensation for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247U120000000
Unit Labor Costs for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242U100000000
Labor Compensation for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
IPUGN4233L020000000
Sectoral Output Price Deflator for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251T050000000
Citation
U.S. Federal Reserve, Thousands of Jobs (IPUGN42W200000000), retrieved from FRED.