All Employees: Leisure and Hospitality in Illinois
Annual, Not Seasonally Adjusted
SMU17000007000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
601.90
Year-over-Year Change
12.15%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted total nonfarm employment level in the United States. It is a key indicator of overall 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
The annual, not seasonally adjusted total nonfarm employment level tracks the total number of paid employees in the U.S. across all industries, excluding farm workers. This broad measure of employment is widely used by economists and policymakers to assess the strength and trajectory of the national economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor this employment trend to inform economic and labor market policies.
Key Facts
- The series measures total nonfarm employment, excluding farm workers.
- It is a broad indicator of the overall health of the U.S. labor market.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted total nonfarm employment level in the United States, which tracks the total number of paid employees across all industries excluding farm workers.
Q: Why is this trend relevant for users or analysts?
A: This broad measure of employment is widely used by economists and policymakers to assess the strength and trajectory of the national economy, making it a key indicator of overall economic health and labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this employment trend to inform economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics with a short delay.
Related Trends
All Employees: Retail Trade: Food and Beverage Retailers in Illinois
SMU17000004244500001
Real Gross Domestic Product: Arts, Entertainment, Recreation, Accommodation, and Food Services (71, 72) in Illinois
ILARTETRTACCFDRGSP
State Tax Collections: T99 Taxes, Not Elsewhere Classified for Illinois
QTAXT99QTAXCAT3ILNO
All Employees: Drinking Places (Alcoholic Beverages) in Illinois
SMU17000007072240001A
All Employees: Financial Activities: Real Estate and Rental and Leasing in Illinois
SMS17000005553000001
Covered Employment in Illinois
ILCEMPLOY
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU17000007000000001A), retrieved from FRED.