3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted
This dataset tracks 3-month average change, thousands of persons, monthly, seasonally adjusted over time.
Latest Value
-0.50
Year-over-Year Change
-145.45%
Date Range
4/1/1990 - 7/1/2025
Summary
This trend measures the average monthly change in the number of nonfarm payroll jobs in the United States, providing insight into employment and economic growth.
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 is a key economic indicator that tracks the net change in the number of jobs added or lost in the U.S. economy on a monthly basis. It is a widely followed metric used by economists, policymakers, and market analysts to assess the health and direction of the labor market.
Methodology
The data is collected through the Bureau of Labor Statistics' monthly survey of nonfarm business establishments.
Historical Context
This indicator helps inform monetary and fiscal policy decisions that aim to promote maximum employment and price stability.
Key Facts
- The U.S. economy added an average of 184,000 jobs per month in 2022.
- The fastest job growth in 2022 occurred in the leisure and hospitality sector.
- The unemployment rate fell to 3.5% in December 2022, a 50-year low.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly change in the number of nonfarm payroll jobs in the United States, providing insight into employment and economic growth.
Q: Why is this trend relevant for users or analysts?
A: The 3-Month Average Change in Thousands of Persons is a widely followed metric used by economists, policymakers, and market analysts to assess the health and direction of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' monthly survey of nonfarm business establishments.
Q: How is this trend used in economic policy?
A: This indicator helps inform monetary and fiscal policy decisions that aim to promote maximum employment and price stability.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, 3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted (SMS23000000000000026), retrieved from FRED.