Unemployed Persons in Maine
Annual, Not Seasonally Adjusted
LAUST230000000000004A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,000.00
Year-over-Year Change
-56.55%
Date Range
1/1/1976 - 1/1/2024
Summary
This annual, not seasonally adjusted economic trend measures the total employment in the United States, providing important insights into the overall health and growth of the national 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
The U.S. Annual, Not Seasonally Adjusted employment series tracks the total number of employed persons in the country, regardless of industry, occupation, or other demographic factors. This broad metric is a key indicator used by economists and policymakers to assess the strength and trajectory of the American economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve, Congress, and other government agencies as they evaluate economic conditions and consider policy interventions.
Key Facts
- The U.S. employed over 158 million people in 2022.
- Employment has steadily increased since the 2008-2009 recession.
- The service sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States, providing a broad indicator of the overall strength of the national labor market.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment data is a key metric used by economists, policymakers, and market analysts to assess the health and trajectory of the American economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve, Congress, and other government agencies closely monitor this employment trend as they evaluate economic conditions and consider policy interventions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is published with a short delay, typically within a few months of the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST230000000000004A), retrieved from FRED.