All Employees: Wholesale Trade in Delaware
Annual
SMU10000004100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.70
Year-over-Year Change
3.25%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the annual percent change in employment levels for the United States. This key indicator provides insight into the overall health and direction of the US 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 Annual trend tracks the year-over-year percent change in total nonfarm employment in the United States. It is a widely followed economic indicator that helps assess the strength and trajectory of the broader US job market and economy.
Methodology
The data is collected through surveys of US businesses and establishments by the Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor the Annual employment trend to gauge macroeconomic conditions and inform decisions.
Key Facts
- The US economy added over 6 million jobs in 2022.
- Annual employment growth exceeded 4% in 2021.
- The COVID-19 pandemic caused a historic 5.7% drop in Annual employment in 2020.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in total nonfarm employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a key indicator of the overall health and direction of the US labor market, providing important insights for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of US businesses and establishments by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Annual employment trend to gauge macroeconomic conditions and inform decisions related to monetary policy, fiscal policy, and labor market interventions.
Q: Are there update delays or limitations?
A: The Annual employment data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Annual (SMU10000004100000001A), retrieved from FRED.