All Employees: Total Nonfarm in Hawaii
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU15000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
639.00
Year-over-Year Change
5.17%
Date Range
1/1/1958 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis. It is a key indicator of the overall health and size of the U.S. 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 'Thousands of Persons, Annual, Not Seasonally Adjusted' metric represents the total employment level in the U.S. economy. This broad employment figure is widely tracked by economists, policymakers, and market analysts to gauge the strength and trends of the national job market.
Methodology
The data is collected through surveys of U.S. employers by the Bureau of Labor Statistics.
Historical Context
This employment metric is used to inform economic and monetary policy decisions.
Key Facts
- The U.S. employed over 157 million people in 2021.
- Annual employment levels have steadily increased since the Great Recession.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This broad employment figure is a key indicator of the overall health and strength of the U.S. labor market, which is crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. employers by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is used to inform economic and monetary policy decisions by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is published with a short lag time, typically a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU15000000000000001A), retrieved from FRED.