All Employees: Mining and Logging in Rhode Island
Monthly, Seasonally Adjusted
SMS44000001000000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
0.00%
Date Range
1/1/2009 - 7/1/2025
Summary
The 'Monthly, Seasonally Adjusted' series measures the total number of employees on nonfarm payrolls in the United States. It is a key economic indicator used by policymakers and analysts to gauge the overall health of the U.S. 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 series represents the total number of employees on nonfarm payrolls, including workers in government and private sector jobs. It is a widely followed economic indicator that provides insights into employment trends and the broader state of the U.S. economy.
Methodology
The data is collected through a monthly survey of businesses and government agencies conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The nonfarm payrolls data is closely monitored by the Federal Reserve and other policymakers as they assess the overall strength of the economy and make decisions on monetary policy.
Key Facts
- The nonfarm payrolls data is released monthly by the U.S. Bureau of Labor Statistics.
- It covers approximately 80% of the U.S. civilian workforce, excluding agricultural and self-employed workers.
- The series is seasonally adjusted to account for typical fluctuations in hiring throughout the year.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' series measures the total number of employees on nonfarm payrolls in the United States, which includes workers in government and private sector jobs.
Q: Why is this trend relevant for users or analysts?
A: This series is a widely followed economic indicator that provides insights into employment trends and the broader state of the U.S. economy. It is closely monitored by policymakers and analysts to assess the overall strength of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The nonfarm payrolls data is closely monitored by the Federal Reserve and other policymakers as they assess the overall strength of the economy and make decisions on monetary policy.
Q: Are there update delays or limitations?
A: The nonfarm payrolls data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of a few weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS44000001000000001), retrieved from FRED.