All Employees: Financial Activities: Finance and Insurance in Hawaii
Annual, Not Seasonally Adjusted
SMU15000005552000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.40
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures annual, not seasonally adjusted employment levels in New Mexico. It provides valuable insights into the state's labor market and 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
The Annual, Not Seasonally Adjusted employment series tracks the total number of employed individuals in New Mexico on an annual basis, without adjusting for seasonal fluctuations. This metric is widely used by economists and policymakers to analyze long-term employment trends and the underlying strength of the state's economy.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is important for informing economic and workforce development policies in New Mexico.
Key Facts
- New Mexico's annual employment reached a record high in 2019.
- The state's employment levels have steadily recovered since the Great Recession.
- Agriculture and energy production are key drivers of employment in New Mexico.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals in the state of New Mexico on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the long-term strength and trends of New Mexico's labor market and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to inform economic and workforce development strategies in New Mexico.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, with a slight delay to allow for comprehensive data collection and processing.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU15000005552000001A), retrieved from FRED.