Unemployed Persons in Alabama
Annual, Not Seasonally Adjusted
LAUST010000000000004A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72,421.00
Year-over-Year Change
-59.54%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures the total employment level in the United States. This key indicator provides insights into the overall health and dynamics 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
This annual employment series captures the total number of people employed in the U.S. across all industries and occupations. Economists and policymakers closely monitor this metric to assess macroeconomic conditions, identify employment trends, and inform economic policy decisions.
Methodology
The data is collected through surveys of U.S. households and businesses conducted by the Bureau of Labor Statistics.
Historical Context
The Annual, Not Seasonally Adjusted employment trend is a crucial input for analyzing the strength of the U.S. economy and guiding fiscal and monetary policies.
Key Facts
- The U.S. employed over 158 million people in 2022.
- Employment levels have rebounded since the COVID-19 pandemic.
- The services sector accounts for the largest share of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted employment trend measures the total number of people employed in the United States across all industries and occupations.
Q: Why is this trend relevant for users or analysts?
A: This key indicator provides important insights into the overall health and dynamics of the U.S. labor market, which is crucial for understanding macroeconomic conditions and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. households and businesses conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual, Not Seasonally Adjusted employment trend is a crucial input for analyzing the strength of the U.S. economy and guiding fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a delay of several months, and may not capture the most recent economic conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST010000000000004A), retrieved from FRED.