Employment for Other Services (Except Public Administration): Personal Care Services (NAICS 8121) in the United States
Thousands of Jobs
IPUUN8121W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,364.90
Year-over-Year Change
20.80%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' trend measures changes in the total number of jobs in the U.S. economy. This metric is a key indicator of economic health and employment conditions.
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 'Thousands of Jobs' series tracks the total number of non-farm payroll jobs in the United States. It is widely used by economists, policymakers, and analysts to assess the strength of the labor market and broader economic activity.
Methodology
The data is collected through monthly surveys of U.S. businesses by the Bureau of Labor Statistics.
Historical Context
The 'Thousands of Jobs' trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The U.S. economy added 315,000 jobs in August 2022.
- The unemployment rate stands at 3.7% as of September 2022.
- Job growth has averaged 456,000 per month so far in 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' trend measures the total number of non-farm payroll jobs in the United States. It is a key indicator of labor market and overall economic conditions.
Q: Why is this trend relevant for users or analysts?
A: The 'Thousands of Jobs' trend is widely followed by economists, policymakers, and market analysts to assess the strength of the U.S. economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. businesses conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Thousands of Jobs' trend is closely monitored by the Federal Reserve and other institutions to inform decisions on monetary policy and support for the economy.
Q: Are there update delays or limitations?
A: The 'Thousands of Jobs' data is released monthly by the Bureau of Labor Statistics with a typical delay of 1-2 weeks.
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Citation
U.S. Federal Reserve, Thousands of Jobs (IPUUN8121W200000000), retrieved from FRED.