Employed Persons in Maine
Annual, Not Seasonally Adjusted
LAUST230000000000005A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
683,421.00
Year-over-Year Change
4.90%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures the total number of employed persons in the United States. This fundamental labor market indicator is closely watched by economists and policymakers to assess economic conditions and guide policy decisions.
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 series tracks the total employment level in the U.S., providing a comprehensive view of the labor market without adjustments for seasonal variations. It is a key input for analyzing workforce trends, labor force participation, and the overall health of the economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this employment metric to inform decisions on economic and workforce policies.
Key Facts
- The U.S. employment level reached a record high of over 158 million in 2019.
- Employment levels declined sharply during the COVID-19 pandemic but have since partially recovered.
- The services sector accounts for the largest share of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total number of employed persons in the United States, providing a comprehensive view of the labor market.
Q: Why is this trend relevant for users or analysts?
A: This fundamental employment metric is closely monitored by economists and policymakers to assess the overall health of the economy and guide economic and workforce policies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment data to inform decisions on a wide range of economic and workforce policies.
Q: Are there update delays or limitations?
A: The employment data is published monthly with a brief delay, and the not seasonally adjusted series may be influenced by seasonal patterns.
Related Trends
Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Maine
MSRSMETOTAL
Gross Domestic Product: Utilities (22) in Maine
MEUTILNGSP
Real Per Capita Personal Income: Nonmetropolitan Portion for Maine
MENMPRPIPC
Gross Domestic Product: Printing and Related Support Activities (323) in Maine
MEPRNTNGSP
Business Formations Within Four Quarters: Total for All NAICS in Maine
BFBF4QTOTALSAME
All Employees: Financial Activities: Insurance Carriers and Related Activities in Maine
SMU23000005552400001A
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST230000000000005A), retrieved from FRED.