All Employees: Total Nonfarm in Ohio
3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted
SMS39000000000000026 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.10
Year-over-Year Change
55.00%
Date Range
4/1/1990 - 7/1/2025
Summary
This economic trend measures the 3-month average change in the number of persons employed in the United States on a monthly basis, 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, Seasonally Adjusted tracks the average change in employment over a 3-month period, which is a key metric for understanding the broader labor market trends and business cycle dynamics.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is widely used by economists, policymakers, and market analysts to assess the health and trajectory of the U.S. labor market.
Key Facts
- The data is released monthly by the U.S. Bureau of Labor Statistics.
- The 3-month average helps smooth out month-to-month volatility in employment changes.
- Positive values indicate net job creation, while negative values signal job losses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 3-month average change in the number of persons employed in the United States on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market health and business cycle dynamics, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other policymakers to assess the state of the labor market and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of several weeks from the reference period.
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Citation
U.S. Federal Reserve, 3-Month Average Change, Thousands of Persons, Monthly, Seasonally Adjusted (SMS39000000000000026), retrieved from FRED.