Employed Persons in Nebraska
Monthly, Not Seasonally Adjusted
LAUST310000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,062,538.00
Year-over-Year Change
1.61%
Date Range
1/1/1976 - 6/1/2025
Summary
The Monthly, Not Seasonally Adjusted economic trend measures the number of employees in the leisure and hospitality industry in the United States. This data is crucial for understanding the health and recovery of the service sector.
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 labor market indicator tracks the total number of employees in the leisure and hospitality industry, which includes hotels, restaurants, bars, and other entertainment and recreation businesses. It provides insights into the strength of consumer demand and overall economic conditions.
Methodology
The data is collected through surveys of U.S. businesses and establishments.
Historical Context
Policymakers and analysts closely monitor this trend to gauge the impact of economic shocks and policy changes on the service industry.
Key Facts
- The leisure and hospitality industry employs over 16 million people in the U.S.
- This sector was hit hard by the COVID-19 pandemic, losing over 8 million jobs.
- The industry has been steadily recovering, but has not yet returned to pre-pandemic employment levels.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Not Seasonally Adjusted trend measures the total number of employees in the U.S. leisure and hospitality industry, which includes hotels, restaurants, bars, and other entertainment and recreation businesses.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into the health and recovery of the service sector, which is a significant driver of the U.S. economy. It helps policymakers and analysts gauge the impact of economic shocks and policy changes on consumer demand and employment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the performance and resilience of the service industry, which is a key indicator of overall economic conditions and consumer spending.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of several weeks. There may be revisions to the data as more information becomes available.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAUST310000000000005), retrieved from FRED.