Civilian Labor Force in Indiana
Annual, Not Seasonally Adjusted
LAUST180000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,455,992.00
Year-over-Year Change
8.82%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the year-over-year change in total nonfarm employment in the United States. This metric is a key indicator of the overall health and direction 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, not seasonally adjusted employment series provides a broad overview of job growth or contraction in the U.S. economy. Economists and policymakers use this data to assess the strength of the labor market and overall economic conditions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in annual, not seasonally adjusted employment are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. economy added over 6 million jobs in 2021.
- Annual employment growth averaged 2.8% from 2010-2019.
- The COVID-19 pandemic caused a 5.7% decline in annual employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in total nonfarm employment in the United States, providing a broad overview of job growth or contraction in the economy.
Q: Why is this trend relevant for users or analysts?
A: Trends in annual, not seasonally adjusted employment are closely watched by economists and policymakers as a key indicator of the overall health and direction of the U.S. labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions monitor annual employment trends to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a one-month lag, and the not seasonally adjusted figures can be subject to greater volatility than seasonally adjusted data.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST180000000000006A), retrieved from FRED.