All Employees: Total Private in Alabama
3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted
SMS01000000500000026 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.50
Year-over-Year Change
-200.00%
Date Range
4/1/1990 - 7/1/2025
Summary
This economic trend measures the 3-month average change in the number of persons employed in the United States, providing insight into the strength of the 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 3-Month Average Change in Thousands of Persons metric tracks the monthly change in total employment, allowing analysts to assess the health and momentum of the U.S. job market. It is a key indicator used by policymakers and economists to evaluate the broader economic conditions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The 3-month average change is a smoothed metric to provide a clearer picture of employment trends.
- Positive values indicate employment growth, while negative values signal contracting labor markets.
- This data is released monthly as part of the Bureau of Labor Statistics' Employment Situation report.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 3-month average change in the number of persons employed in the United States, providing insight into the strength of the labor market.
Q: Why is this trend relevant for users or analysts?
A: The 3-Month Average Change in Thousands of Persons is a key indicator used by policymakers and economists to evaluate the health and momentum of the U.S. job market, which is crucial for assessing broader economic conditions.
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.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions, as it provides valuable insights into the state of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The data is released monthly as part of the Bureau of Labor Statistics' Employment Situation report, with no significant update delays.
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Citation
U.S. Federal Reserve, 3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted (SMS01000000500000026), retrieved from FRED.