All Employees: Total Private in Illinois
Thousands of Persons, Monthly, Seasonally Adjusted
SMS17000000500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,310.90
Year-over-Year Change
0.23%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of persons employed each month in the United States, adjusted for seasonal variations. It is a key indicator of labor market conditions and overall economic activity.
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 Thousands of Persons, Monthly, Seasonally Adjusted metric tracks the total number of employed individuals in the U.S., providing insights into the strength and resilience of the labor market. Economists and policymakers closely monitor this data to assess economic performance and inform policy decisions.
Methodology
The data is collected through surveys of households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely used to evaluate the health of the U.S. economy and inform economic and policy decisions.
Key Facts
- The U.S. employment level reached a record high of over 158 million in early 2020.
- The COVID-19 pandemic led to a sharp decline in employment, with over 20 million jobs lost in April 2020.
- The labor force participation rate, which measures the share of the population employed or actively seeking work, is a key complementary indicator.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed each month in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a crucial indicator of the overall health and strength of the U.S. economy, providing insights into labor market conditions that inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is widely used by economists, policymakers, and market analysts to evaluate the state of the U.S. economy and inform decisions on monetary, fiscal, and labor market policies.
Q: Are there update delays or limitations?
A: The employment data is published monthly by the Bureau of Labor Statistics, with a typical release delay of a few weeks following the reference period.
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Citation
U.S. Federal Reserve, Thousands of Persons, Monthly, Seasonally Adjusted (SMS17000000500000001), retrieved from FRED.