All Employees: Professional and Business Services in Maine
Annual, Not Seasonally Adjusted
SMU23000006000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.60
Year-over-Year Change
31.66%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment levels in the United States. It provides important insights into long-term employment patterns and labor market dynamics.
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 employed persons in the U.S. economy over a 12-month period, without adjusting for typical seasonal fluctuations. This data is widely used by economists and policymakers to analyze broad employment trends and the overall health of the labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- Employment levels peaked in 2019 before declining during the COVID-19 pandemic.
- The annual, not seasonally adjusted data shows long-term employment trends.
- This metric provides important context for the state of the U.S. labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States over a 12-month period, without adjusting for typical seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into long-term employment patterns and the overall health of the U.S. labor market, which is crucial information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this metric to inform economic and monetary policy decisions, as it provides important context on the state of the labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU23000006000000001A), retrieved from FRED.