Annual, Not Seasonally Adjusted
SMU01000003133001201A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.20
Year-over-Year Change
-3.28%
Date Range
1/1/2004 - 1/1/2015
Summary
The 'Annual, Not Seasonally Adjusted' series measures the average annual private-sector employment in the U.S. This key labor market indicator provides insight into the overall health and growth of the economy.
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 economic trend represents the average number of private-sector jobs in the United States over the course of a calendar year. It is an important metric used by economists, policymakers, and analysts to assess macroeconomic conditions and employment trends.
Methodology
The data is collected through the Bureau of Labor Statistics' Current Employment Statistics (CES) survey of private-sector businesses.
Historical Context
Policymakers and market participants closely monitor private-sector employment levels to gauge the strength of the labor market and the broader economy.
Key Facts
- The U.S. private sector employed over 130 million workers in 2021.
- Private-sector employment accounts for approximately 85% of total U.S. nonfarm employment.
- Annual private-sector employment growth has averaged 1.5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures the average annual private-sector employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This key labor market indicator provides insight into the overall health and growth of the U.S. economy, and is closely monitored by policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' Current Employment Statistics (CES) survey of private-sector businesses.
Q: How is this trend used in economic policy?
A: Policymakers and market participants use this metric to assess the strength of the labor market and the broader economy, which informs policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU01000003133001201A), retrieved from FRED.