All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Maryland
Monthly, Seasonally Adjusted
SMS24000004300000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.80
Year-over-Year Change
-0.86%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted trend measures the total number of non-farm payroll employees in the United States. This key economic indicator provides insights into the overall health 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
This monthly series tracks the total number of people employed in non-agricultural jobs across the U.S. economy, adjusted for seasonal variations. It is a widely followed metric used by economists, policymakers, and investors to assess the strength and resilience of the labor force.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in non-farm payroll employment are closely monitored for their implications on monetary and fiscal policy decisions.
Key Facts
- The U.S. non-farm payroll exceeded 150 million in 2022.
- The largest job gains are typically seen in the service sector.
- Payroll data is one of the most closely watched economic indicators.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted trend measures the total number of non-farm payroll employees in the United States, providing insights into the overall health of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Changes in non-farm payroll employment are closely monitored by economists, policymakers, and investors as a key indicator of the strength and resilience of the U.S. labor force.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The non-farm payroll data is a crucial input for monetary and fiscal policy decisions, as it provides insights into the overall health of the labor market.
Q: Are there update delays or limitations?
A: The non-farm payroll data is released on a monthly basis, with a short delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS24000004300000001), retrieved from FRED.