Annual
SMU24000001523600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.10
Year-over-Year Change
-19.14%
Date Range
1/1/1990 - 1/1/2014
Summary
The Annual trend measures annual total employment in the private sector across the United States. It provides a high-level overview of labor market conditions and is a key indicator for economists and policymakers.
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 trend represents the total number of private sector employees in the U.S. on an annual basis. It is a widely followed economic indicator used to assess the health and growth of the overall labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly poll of businesses and government agencies.
Historical Context
The Annual employment trend is closely monitored by the Federal Reserve and other policymakers to help inform decisions on monetary and fiscal policy.
Key Facts
- The U.S. private sector employed over 130 million workers in 2022.
- Annual private sector employment has grown by over 15% since 2010.
- Service-providing industries account for about 85% of private sector jobs.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total number of private sector employees in the United States on a yearly basis.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a key indicator of overall labor market health and economic growth, providing important context for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Employment Statistics (CES) survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: The Annual employment trend is closely monitored by the Federal Reserve and other policymakers to help inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Annual employment data is released with a lag of several months, and may be subject to revision as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual (SMU24000001523600001A), retrieved from FRED.