All Employees: Total Nonfarm in Minnesota
3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted
SMS27000000000000026 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.00
Year-over-Year Change
566.67%
Date Range
4/1/1990 - 7/1/2025
Summary
This economic trend measures the 3-month average change in the total number of persons employed in the United States, reported in thousands and adjusted for seasonal variations.
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 indicator of labor market trends, providing insight into the pace of hiring and job creation over a rolling 3-month period. Economists and policymakers closely monitor this data to assess the overall health of the U.S. economy.
Methodology
The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Historical Context
This trend helps inform monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Key Facts
- Reported in thousands of persons
- Seasonally adjusted to account for recurring patterns
- Provides insight into the pace of hiring and job creation
FAQs
Q: What does this economic trend measure?
A: This trend measures the 3-month average change in the total number of persons employed in the United States, reported in thousands and adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of labor market health and the overall pace of economic growth, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend helps inform monetary and fiscal policy decisions made by the Federal Reserve and U.S. government, as it reflects the state of the labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is reported monthly, with a typical release lag of 1-2 weeks. The seasonally adjusted figures may be subject to revisions as more data becomes available.
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Citation
U.S. Federal Reserve, 3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted (SMS27000000000000026), retrieved from FRED.