All Employees: Leisure and Hospitality: Restaurants and Other Eating Places in Alabama
Monthly
SMU01000007072250001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
166.20
Year-over-Year Change
2.66%
Date Range
1/1/2002 - 7/1/2025
Summary
The Monthly employment trend measures the total number of non-farm jobs in the United States. It is a key indicator of economic health and labor market conditions.
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 Monthly employment trend is a widely followed economic indicator that tracks the total number of paid non-agricultural employees. It provides insight into the overall strength of the U.S. job market and is closely watched by policymakers, economists, and market analysts.
Methodology
The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
The Monthly employment trend is a vital input for monetary and fiscal policy decisions.
Key Facts
- The U.S. economy added 223,000 jobs in May 2023.
- The unemployment rate fell to 3.7% in May 2023.
- Job growth has averaged 290,000 per month over the past 3 months.
FAQs
Q: What does this economic trend measure?
A: The Monthly employment trend measures the total number of non-farm payroll jobs in the United States economy.
Q: Why is this trend relevant for users or analysts?
A: The Monthly employment trend is a key indicator of the overall health and strength of the U.S. labor market, which is a critical component of the broader economy.
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 Monthly employment trend is a vital input for monetary and fiscal policy decisions made by the Federal Reserve and other policymakers.
Q: Are there update delays or limitations?
A: The Monthly employment data is released by the Bureau of Labor Statistics on the first Friday of each month, with a one-month lag.
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Citation
U.S. Federal Reserve, Monthly Employment (SMU01000007072250001), retrieved from FRED.