Annual, Not Seasonally Adjusted
SMU24000006562310001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.40
Year-over-Year Change
-35.44%
Date Range
1/1/1990 - 1/1/2022
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the United States. It provides important insights into long-term employment patterns and workforce 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 individuals employed in the U.S. on an annual basis, without adjusting for seasonal variations. This broad measure offers economists and policymakers a clear view of year-over-year employment trends.
Methodology
Data for this series is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is widely used to analyze labor market conditions and inform economic policies.
Key Facts
- The U.S. annual employment level has increased by over 20 million jobs since 2010.
- The employment-to-population ratio reached a record high of 61.2% in 2000.
- The COVID-19 pandemic caused a sharp drop in annual employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This broad employment measure offers important insights into long-term workforce dynamics and labor market conditions, which are crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: Data for this series is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The annual, not seasonally adjusted employment trend is widely used by economists, policymakers, and market analysts to assess the overall health of the labor market and inform economic policies.
Q: Are there update delays or limitations?
A: There can be a 1-2 month delay in the release of this annual employment data, and the figures are subject to periodic revisions by the statistical agencies.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU24000006562310001A), retrieved from FRED.