Monthly, Not Seasonally Adjusted
SMU10000004245200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.30
Year-over-Year Change
-3.12%
Date Range
1/1/1990 - 12/1/2022
Summary
This economic trend measures the monthly, not seasonally adjusted employment level in the United States. It provides important insights into the underlying strength of the 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 monthly, not seasonally adjusted employment level is a key indicator of the current state of the U.S. economy. It represents the total number of people employed, without adjusting for typical seasonal variations. This raw data is useful for economists and policymakers to analyze underlying employment trends.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of businesses and government agencies.
Historical Context
Policymakers and analysts use this employment trend to inform economic and labor market decisions.
Key Facts
- The U.S. employment level has fluctuated significantly in recent years.
- This trend provides a raw, unfiltered view of the labor market.
- Policymakers closely monitor employment data to guide economic policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, not seasonally adjusted employment level in the United States. It represents the total number of people employed, without adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This raw employment data provides important insights into the underlying strength of the labor market, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment trend to inform economic and labor market decisions, as it provides a clear picture of the current state of the U.S. job market.
Q: Are there update delays or limitations?
A: There may be slight delays in the release of this data, as it is collected through a comprehensive survey process. Additionally, the not seasonally adjusted nature of the trend means it may exhibit more volatility than seasonally adjusted measures.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU10000004245200001), retrieved from FRED.