All Employees: Wholesale Trade in Louisiana
Annual
SMU22000004100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.30
Year-over-Year Change
-5.53%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the annual average of total nonfarm payroll employment in the United States. This key economic indicator is closely watched by policymakers, economists, and investors to assess the overall strength of the 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 series represents the annual average of the seasonally adjusted total nonfarm payroll employment level. This metric provides a high-level overview of employment trends and is a widely used barometer of the health of the U.S. economy.
Methodology
The data is collected through surveys of U.S. businesses by the Bureau of Labor Statistics.
Historical Context
The Annual employment trend is a critical input for Federal Reserve monetary policy decisions and economic growth projections.
Key Facts
- The U.S. economy added an average of 2.1 million jobs per year from 2010 to 2019.
- The Annual employment trend reached a record high of 152.5 million jobs in 2019.
- The COVID-19 pandemic caused a sharp drop in Annual employment in 2020.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the annual average of total nonfarm payroll employment in the United States, providing a high-level overview of employment trends.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a critical indicator of the overall health of the U.S. labor market and economy, closely watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual employment trend is a key input for Federal Reserve monetary policy decisions and economic growth projections.
Q: Are there update delays or limitations?
A: The Annual employment data is subject to revisions and may have delays compared to monthly employment reports.
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Citation
U.S. Federal Reserve, Annual (SMU22000004100000001A), retrieved from FRED.