Annual, Not Seasonally Adjusted
SMU10000004245200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.50
Year-over-Year Change
-10.53%
Date Range
1/1/1990 - 1/1/2021
Summary
This series measures the annual, not seasonally adjusted civilian employment level in the United States. It provides a snapshot of the overall employment situation and is a key economic indicator.
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, not seasonally adjusted civilian employment level tracks the total number of employed persons in the U.S. economy on an annual basis, without adjusting for seasonal variations. This measure offers a broad view of the labor market's performance and is widely used by economists and policymakers to assess the health 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 and other government agencies to inform economic policy decisions.
Key Facts
- The U.S. civilian employment level averaged over 158 million in 2022.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- The employment-to-population ratio is a closely watched metric derived from this data.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted civilian employment level in the United States, providing a broad snapshot of the overall employment situation.
Q: Why is this trend relevant for users or analysts?
A: The annual employment level is a key economic indicator used by policymakers, economists, and analysts to assess the health and performance of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The annual employment level is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions, such as monetary policy adjustments.
Q: Are there update delays or limitations?
A: The annual employment data is published with a short delay, typically within a few months after the end of the calendar year, and may be subject to minor revisions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU10000004245200001A), retrieved from FRED.