All Employees: Professional and Business Services: Management of Companies and Enterprises in Delaware
Annual, Not Seasonally Adjusted
SMU10000006055000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.80
Year-over-Year Change
-17.89%
Date Range
1/1/1992 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the annual average of total employment in the United States. This key economic indicator provides insight into labor market trends and overall economic activity.
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
This annual employment series tracks the total number of nonfarm jobs in the U.S. economy, regardless of seasonal fluctuations. It is a widely referenced metric for understanding long-term employment patterns and the general strength of the labor force.
Methodology
The data is collected through monthly surveys of U.S. businesses and governments.
Historical Context
Employment trends are closely monitored by policymakers, economists, and market analysts to assess the health of the broader economy.
Key Facts
- The U.S. economy added over 6 million jobs in 2022.
- Employment levels remain below pre-pandemic peaks.
- Service sectors have led job growth in the economic recovery.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series tracks the total number of nonfarm jobs in the U.S. economy on an annual basis, providing a high-level view of employment trends.
Q: Why is this trend relevant for users or analysts?
A: Employment is a key indicator of economic health and activity, making this annual series important for policymakers, economists, and market participants in assessing the strength of the labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. businesses and governments by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Employment data is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy, fiscal measures, and other economic interventions.
Q: Are there update delays or limitations?
A: The annual employment data is released with a short lag, typically within a few months after the end of the calendar year. There may be minor revisions to historical data as more complete information becomes available.
Related Trends
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU10000006055000001A), retrieved from FRED.