All Employees: Financial Activities: Financial Investments and Related Activities Including Financial Vehicles in Connecticut
Annual
SMU09000005552300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.30
Year-over-Year Change
-7.17%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend represents the annual average of total private employment in New Jersey. This metric 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 Annual trend measures the average number of private sector jobs in New Jersey over a 12-month period. It provides an overview of overall employment levels and trends in the state's economy.
Methodology
Data is collected through establishment surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Annual employment figures are closely watched by policymakers, economists, and investors to assess economic conditions.
Key Facts
- New Jersey has a large and diverse private sector with over 3.3 million jobs.
- The state's annual employment figure has grown by over 10% since 2010.
- Private sector job growth is a key driver of New Jersey's economic performance.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average number of private sector jobs in New Jersey over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: Annual employment figures are a key indicator of economic activity and labor market health in New Jersey, providing insights into overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Annual employment figures are closely watched by policymakers, economists, and investors to assess the state's economic performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule with minimal delays, providing timely insights into New Jersey's labor market.
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Citation
U.S. Federal Reserve, Annual (SMU09000005552300001A), retrieved from FRED.