Annual
SMU10000001523600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.80
Year-over-Year Change
-15.79%
Date Range
1/1/1990 - 1/1/2014
Summary
The Annual trend measures total annual employment in the United States. It is a key indicator of the overall health and performance of the U.S. labor market and 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
The Annual trend tracks the total number of nonfarm employees across the country on an annual basis. It is a broad measure of labor market activity that economists and policymakers use to analyze employment levels, trends, and patterns over time.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual employment trend is closely watched by the Federal Reserve and other government agencies to inform economic and policy decisions.
Key Facts
- The U.S. economy added over 6 million jobs in 2022.
- Employment levels remain below pre-pandemic highs.
- Service sectors have seen the strongest job growth
FAQs
Q: What does this economic trend measure?
A: The Annual trend tracks the total number of nonfarm employees in the United States on an annual basis, providing a broad measure of labor market activity.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a key indicator of the overall health and performance of the U.S. economy, closely watched by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual employment trend is a critical input for the Federal Reserve and other government agencies in formulating economic and policy decisions.
Q: Are there update delays or limitations?
A: The Annual employment data is subject to revisions and may have a delay of several months before the final numbers are published.
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Citation
U.S. Federal Reserve, Annual (SMU10000001523600001A), retrieved from FRED.