All Employees: Total Nonfarm in Delaware
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU10000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
488.80
Year-over-Year Change
16.83%
Date Range
1/1/1939 - 1/1/2024
Summary
This annual, not seasonally adjusted data series from the U.S. Bureau of Labor Statistics tracks the total number of persons employed in the United States. It is a key indicator of the overall health and size of the American labor market.
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 'Thousands of Persons, Annual, Not Seasonally Adjusted' data series represents the total annual employment level in the United States, measured in thousands of employed individuals. This metric is widely used by economists and policymakers to assess long-term employment trends and the general state of the economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely monitored by the Federal Reserve, Congress, and other institutions to inform economic and labor market policies.
Key Facts
- The annual employment level reached a record high of 157,130 thousand persons in 2019.
- Employment levels dropped sharply in 2020 due to the COVID-19 pandemic, declining to 148,301 thousand persons.
- The manufacturing sector accounted for approximately 12.5% of total U.S. employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of persons employed in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The total employment level is a critical indicator of the overall health and size of the American labor market, which is closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment level is a key input for the Federal Reserve, Congress, and other institutions when formulating economic and labor market policies.
Q: Are there update delays or limitations?
A: The annual employment data is typically published with a lag of several months following the end of the calendar year.
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Citation
U.S. Bureau of Labor Statistics, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU10000000000000001A), retrieved from FRED.