All Employees: Professional and Business Services: Professional, Scientific, and Technical Services in Illinois
Not Seasonally Adjusted
SMU17000006054000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
446.10
Year-over-Year Change
-0.18%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' data series measures total nonfarm employment in the United States, which is a key indicator of economic health and labor market conditions.
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 series tracks the total number of workers employed in the private and public sectors across the U.S. economy, excluding agriculture. It is a foundational economic indicator used by policymakers, analysts, and businesses to assess employment trends and make informed decisions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The employment situation is closely monitored for its implications on consumer spending, inflation, and overall economic growth.
Key Facts
- The U.S. has over 150 million nonfarm employees.
- Employment levels fluctuate seasonally and over the business cycle.
- Nonfarm payrolls are a widely watched indicator of economic health.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the total number of nonfarm employees in the U.S. across all private and public sectors, excluding agriculture.
Q: Why is this trend relevant for users or analysts?
A: This employment data is a key economic indicator used by policymakers, businesses, and analysts to assess labor market conditions and the overall health of the economy.
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: Employment levels and trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions that impact consumer spending, inflation, and economic growth.
Q: Are there update delays or limitations?
A: The nonfarm employment data is released monthly with a short lag, providing timely information on labor market conditions.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU17000006054000001), retrieved from FRED.