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Monthly, Seasonally Adjusted

SMU18000005051700001SA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.95

Year-over-Year Change

-1.16%

Date Range

1/1/2003 - 7/1/2025

Summary

The Monthly, Seasonally Adjusted series measures the total number of jobs in the private sector in the United States. This metric 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 nonfarm payroll employment, which includes workers in the private sector, government, and other institutions. It is a closely watched barometer of the US economy and provides insight into broader employment trends.

Methodology

The data is collected through a survey of establishments conducted by the Bureau of Labor Statistics.

Historical Context

The monthly jobs report is closely monitored by policymakers, economists, and financial markets to assess the strength of the US economy.

Key Facts

  • The US private sector employs over 130 million workers.
  • Job growth has averaged over 200,000 per month since 2010.
  • The unemployment rate is currently below 4%.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total number of private sector jobs in the United States on a monthly basis, adjusted for seasonal variations.

Q: Why is this trend relevant for users or analysts?

A: The monthly jobs report is a key indicator of the health of the US labor market and broader economy, providing insights that are crucial for policymakers, businesses, and investors.

Q: How is this data collected or calculated?

A: The data is collected through a survey of establishments conducted by the Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: The monthly jobs report is closely monitored by the Federal Reserve and other policymakers to assess the strength of the economy and inform monetary policy decisions.

Q: Are there update delays or limitations?

A: The data is released monthly by the Bureau of Labor Statistics, with a typical delay of about three weeks from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU18000005051700001SA), retrieved from FRED.