All Employees: Trade, Transportation, and Utilities in Maine
Annual, Not Seasonally Adjusted
SMU23000004000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.20
Year-over-Year Change
2.91%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the United States. Understanding employment patterns is crucial for policymakers and economists to assess the overall health 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, Not Seasonally Adjusted employment level tracks the total number of employed persons in the U.S. on a yearly basis, without adjusting for typical seasonal fluctuations. This provides a raw snapshot of the employment situation that can offer insights into long-term trends and the underlying strength of the economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Analysts and policymakers use this employment metric to gauge the performance of the labor market and inform economic and monetary policy decisions.
Key Facts
- The annual employment level averaged over 155 million in 2022.
- Employment levels vary significantly by industry and occupation.
- Stable employment growth is a key indicator of a healthy, expanding economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Understanding annual employment patterns is crucial for assessing the overall health and performance of the U.S. labor market, which is a key driver of economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor employment trends to inform decisions on monetary policy, fiscal stimulus, and other measures aimed at promoting full employment and economic prosperity.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is typically published with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU23000004000000001A), retrieved from FRED.