All Employees: Construction: Heavy and Civil Engineering Construction in Alabama
Annual, Not Seasonally Adjusted
SMU01000002023700001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.50
Year-over-Year Change
23.33%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted employment level in the United States. It provides insights into long-term employment trends without the influence of 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 annual, not seasonally adjusted employment level tracks the total number of employed persons in the U.S. over a 12-month period. This key metric helps economists and policymakers analyze broader labor market dynamics and long-term employment patterns.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is widely used to inform economic policy decisions and market analyses.
Key Facts
- The annual employment level reached a record high in 2019.
- Employment declined sharply in 2020 due to the COVID-19 pandemic.
- The recovery in annual employment has been gradual since the 2020 downturn.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted employment level in the United States, providing insights into long-term employment trends.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment level is a key metric that helps economists and policymakers analyze broader labor market dynamics and long-term employment patterns.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment trend is widely used to inform economic policy decisions and market analyses.
Q: Are there update delays or limitations?
A: The data is updated monthly, and there may be some delays in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU01000002023700001A), retrieved from FRED.