All Employees: Construction: Residential Building Construction in Louisiana
Annual, Not Seasonally Adjusted
SMU22000002023610001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.90
Year-over-Year Change
7.27%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the annual not seasonally adjusted employment level in the United States. It is a key indicator of the overall health and performance 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 level tracks the total number of people employed in the U.S. on an annual basis, without adjusting for typical seasonal fluctuations. This metric provides a straightforward view of year-over-year employment changes and is widely used by economists and policymakers to assess the broader employment landscape.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Trends in annual not seasonally adjusted employment are closely monitored by the Federal Reserve and other institutions to inform economic and policy decisions.
Key Facts
- The annual not seasonally adjusted employment level reached a record high in 2022.
- This metric declined sharply during the COVID-19 pandemic but has since rebounded.
- Trends in annual employment are a crucial input for policymakers evaluating the overall health of the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the United States on an annual basis, without adjusting for typical seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: Trends in annual not seasonally adjusted employment are a key indicator of the overall health and performance of the U.S. labor market, which is closely monitored by economists, policymakers, and other stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in annual not seasonally adjusted employment are closely monitored by the Federal Reserve and other institutions to inform economic and policy decisions, as they provide a clear view of year-over-year changes in the U.S. labor market.
Q: Are there update delays or limitations?
A: The annual not seasonally adjusted employment data is published with a relatively short delay, making it a timely indicator of labor market conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU22000002023610001A), retrieved from FRED.