All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Delaware
Annual, Not Seasonally Adjusted
SMU10000004300000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
103.12%
Date Range
1/1/1990 - 1/1/2024
Summary
This annual, not seasonally adjusted economic series measures total private employment in the United States. It is a key indicator of labor market conditions and economic performance.
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 total private employment series tracks the total number of people employed in the private sector, excluding government workers. It is a widely followed measure of the overall health and expansion of the U.S. economy.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of the private labor market and broader economic growth.
Key Facts
- The series tracks over 120 million private sector workers.
- Annual private employment growth averaged 1.5% from 2010-2019.
- Private sector jobs account for about 85% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of people employed in the private sector of the U.S. economy, excluding government workers.
Q: Why is this trend relevant for users or analysts?
A: Total private employment is a key indicator of the overall health and expansion of the U.S. economy, providing insights into labor market conditions and economic performance.
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: Policymakers and analysts use this trend to assess the strength of the private labor market and broader economic growth, which informs policy decisions.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted series is subject to periodic revisions and may have a longer update delay compared to some other labor market indicators.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU10000004300000001A), retrieved from FRED.