Employed Persons in North Carolina
Annual, Not Seasonally Adjusted
LAUST370000000000005A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,092,844.00
Year-over-Year Change
19.88%
Date Range
1/1/1976 - 1/1/2024
Summary
This economic trend measures annual, not seasonally adjusted employment levels in the U.S. It provides a high-level overview of labor market conditions.
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 Annual, Not Seasonally Adjusted series tracks total employment in the United States on a yearly basis without adjusting for seasonal variations. It offers a straightforward view of long-term employment trends that is useful for economic analysis and policymaking.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This metric is widely referenced by economists, policymakers, and market analysts to gauge the overall health of the U.S. labor market.
Key Facts
- Employment levels peaked in 2019 before declining during the COVID-19 pandemic.
- The manufacturing sector has seen a steady decline in employment over the past two decades.
- Annual employment data helps identify long-term shifts in the composition of the U.S. workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures total annual employment in the United States without adjusting for seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a straightforward view of long-term employment patterns that is useful for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists reference this metric to gauge the overall health and trajectory of the U.S. labor market.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the release of annual employment data by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST370000000000005A), retrieved from FRED.