All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Delaware
Annual, Not Seasonally Adjusted
SMU10000005552200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.20
Year-over-Year Change
6.07%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic indicator measures the annual average, not seasonally adjusted nonfarm payroll employment in the United States. It provides insights into broader labor market trends and is closely watched by economists and policymakers.
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 nonfarm payroll employment series tracks the total number of paid employees in the US, excluding farm workers, private household employees, and employees of nonprofit organizations. This metric is a key barometer of the overall health and direction of the economy.
Methodology
The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by the Federal Reserve, government agencies, and private sector analysts to inform economic policy decisions and market assessments.
Key Facts
- The US has over 150 million nonfarm payroll employees.
- Nonfarm payroll employment is a key indicator of economic health.
- Annual average data provides a less volatile view of employment trends.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the annual average, not seasonally adjusted number of nonfarm payroll employees in the United States.
Q: Why is this trend relevant for users or analysts?
A: Nonfarm payroll employment is a critical measure of labor market strength and a key input for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual, not seasonally adjusted nonfarm payroll employment figure is closely monitored by the Federal Reserve, government agencies, and private sector analysts to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical one-month lag, and the annual average may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU10000005552200001A), retrieved from FRED.