All Employees: Wholesale Trade in Illinois
Monthly, Seasonally Adjusted
SMS17000004100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
298.80
Year-over-Year Change
-0.96%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted economic trend measures the total number of employees on nonfarm payrolls in the United States. This key labor market indicator is closely watched by economists and policymakers to assess the overall health of the economy.
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 monthly data series tracks the total number of workers employed across all industries in the U.S. private and public sectors, excluding agricultural workers. It is a comprehensive measure of labor demand and a leading indicator of economic conditions.
Methodology
The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
Nonfarm payroll data is a critical input for the Federal Reserve's monetary policy decisions and is widely reported in financial media.
Key Facts
- The U.S. economy added 315,000 jobs in August 2022.
- Nonfarm payrolls are a key component of the U.S. unemployment rate.
- The all-time high for nonfarm payrolls was 152.5 million in February 2020.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series tracks the total number of employees on nonfarm payrolls in the United States, providing a comprehensive measure of labor demand across the economy.
Q: Why is this trend relevant for users or analysts?
A: Nonfarm payroll data is a critical economic indicator used by the Federal Reserve, policymakers, and financial markets to assess the overall health of the U.S. labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Nonfarm payroll data is a key input for the Federal Reserve's monetary policy decisions, as it provides insight into the strength of the labor market and broader economic activity.
Q: Are there update delays or limitations?
A: The nonfarm payrolls data is released monthly by the Bureau of Labor Statistics, with a typical one-month delay between the reference period and the public release.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS17000004100000001), retrieved from FRED.