Annual, Not Seasonally Adjusted
SMU22000003232400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.80
Year-over-Year Change
14.56%
Date Range
1/1/1990 - 1/1/2017
Summary
This annual, not seasonally adjusted trend measures the total number of employees in the private sector in the United States. It provides insight into overall employment conditions and economic activity.
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 series tracks the total number of private sector employees in the U.S. without adjusting for typical seasonal fluctuations. It offers a broad view of the labor market and is used by economists to analyze long-term employment trends.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, investors, and analysts as an indicator of the health of the U.S. economy.
Key Facts
- The U.S. had over 128 million private sector employees in 2022.
- Private sector employment accounts for approximately 85% of total U.S. employment.
- Annual employment growth has averaged 1.5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the private sector of the U.S. economy on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides valuable insight into the overall health and activity of the U.S. labor market, which is a key indicator of economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts closely monitor this employment trend as an important indicator of the broader U.S. economy, informing decisions and analyses.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted employment data is typically released with a lag of several months, but provides a comprehensive view of long-term employment trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU22000003232400001A), retrieved from FRED.