All Employees: Government in Maine
Annual, Not Seasonally Adjusted
SMU23000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.90
Year-over-Year Change
0.39%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the annual total employment in the U.S., a key indicator of the overall health of the labor market and broader economy.
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
This series represents the total number of nonfarm employees on payroll in the United States over a 12-month period, without adjusting for seasonal variations. It provides an unbiased snapshot of the country's employment levels and economic conditions.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this annual employment trend to evaluate long-term economic performance and inform decisions.
Key Facts
- The U.S. had over 150 million nonfarm payroll employees in 2022.
- Annual employment data is not adjusted for seasonal variations.
- Employment levels are a critical indicator of economic growth and stability.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total number of nonfarm employees on payroll in the United States over a 12-month period, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This annual employment data provides an unbiased snapshot of the country's labor market and economic conditions, which is crucial for policymakers and analysts to evaluate long-term performance and inform decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this annual employment trend to evaluate long-term economic performance and inform decisions related to the labor market and broader economy.
Q: Are there update delays or limitations?
A: There may be some delays in the availability of the latest annual employment data, as it is based on monthly surveys conducted by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU23000009000000001A), retrieved from FRED.