All Employees: Leisure and Hospitality: Gambling Industries in Indiana
Annual, Not Seasonally Adjusted
SMU18000007071320001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.50
Year-over-Year Change
-50.76%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic trend measures the annual not seasonally adjusted employment rate in the United States. It provides key insights into the overall health and stability 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 annual not seasonally adjusted employment rate tracks the percentage of the U.S. working-age population that is employed, without accounting for seasonal variations in hiring patterns. Economists and policymakers closely monitor this metric to gauge the strength of the economy and inform decision-making.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This employment trend is a critical indicator used by the Federal Reserve, government agencies, and financial markets to assess economic performance and guide policy.
Key Facts
- The U.S. annual not seasonally adjusted employment rate was 59.1% in 2021.
- This metric reached a high of 64.7% in 2000 and a low of 55.3% in 2020 due to the COVID-19 pandemic.
- The employment rate is a key factor in determining the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The annual not seasonally adjusted employment rate measures the percentage of the U.S. working-age population that is employed, without adjusting for seasonal hiring patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of the overall health and stability of the U.S. labor market, which is a key driver of economic growth and a major consideration for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey, a monthly survey of households.
Q: How is this trend used in economic policy?
A: The annual not seasonally adjusted employment rate is closely monitored by the Federal Reserve, government agencies, and financial markets to assess economic performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The employment data is typically released with a one-month lag, and the not seasonally adjusted figures may be subject to larger month-to-month variations compared to seasonally adjusted data.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU18000007071320001A), retrieved from FRED.