All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Wisconsin
Monthly, Seasonally Adjusted
SMS55000007071000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.40
Year-over-Year Change
-3.33%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the seasonally adjusted number of employees on nonfarm payrolls in the United States on a monthly basis. It is a key indicator of economic activity and labor market health.
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 nonfarm payrolls figure represents the total number of paid U.S. workers in businesses and government, excluding private household employees, farm workers, and the self-employed. It is widely used by economists and policymakers to analyze employment trends and gauge the overall strength of the economy.
Methodology
The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The nonfarm payrolls report is closely watched by the Federal Reserve and financial markets as it informs monetary policy decisions and economic forecasting.
Key Facts
- The U.S. economy added 223,000 jobs in May 2023.
- The unemployment rate fell to 3.7% in May 2023.
- Private sector employment increased by 218,000 in May 2023.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of paid employees on nonfarm payrolls in the United States on a monthly basis, excluding private household workers, farm employees, and the self-employed.
Q: Why is this trend relevant for users or analysts?
A: The nonfarm payrolls data is a key indicator of the health and strength of the U.S. labor market and broader economy, making it highly relevant for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The nonfarm payrolls report is closely watched by the Federal Reserve and informs monetary policy decisions, as well as being used by economists and analysts to assess the overall state of the U.S. economy.
Q: Are there update delays or limitations?
A: The nonfarm payrolls data is released by the Bureau of Labor Statistics on a monthly basis, with a typical delay of about 3-4 weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS55000007071000001), retrieved from FRED.