Hires: Total Nonfarm in Northeast Census Region
JTS00NEHIL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
877.00
Year-over-Year Change
4.53%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Hires: Total Nonfarm in Northeast Census Region' series measures the number of hires in the total nonfarm sector for the Northeastern United States. This metric is a key indicator of labor market dynamics and economic conditions in the region.
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 data series tracks the total number of hires across all nonfarm industries in the Northeast Census Region, which includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. Economists and policymakers use this metric to gauge hiring trends and labor market tightness in the Northeast.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
Trends in regional hires are closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The Northeast accounts for about 18% of total U.S. nonfarm employment.
- Hiring levels in the Northeast typically track closely with the national trend.
- Monthly hires data is released with a 1-month lag.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of hires across all nonfarm industries in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: Hiring data in the Northeast is closely watched by economists and policymakers as an indicator of regional labor market conditions and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Q: How is this trend used in economic policy?
A: Trends in regional hires are monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The monthly hires data is released with a 1-month lag.
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Citation
U.S. Federal Reserve, Hires: Total Nonfarm in Northeast Census Region (JTS00NEHIL), retrieved from FRED.