Average Weekly Earnings of All Employees: Other Services in Massachusetts
Monthly
SMU25000008000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,110.17
Year-over-Year Change
-3.02%
Date Range
1/1/2007 - 7/1/2025
Summary
The Monthly employment trend measures the total number of jobs in the U.S. economy on a monthly basis. This key indicator helps economists and policymakers understand the overall health and direction 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 Monthly employment trend tracks the total number of non-farm payroll jobs across the United States. It is a widely watched barometer of the economy's performance and a crucial input for monetary and fiscal policy decisions.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor the Monthly employment trend to gauge the strength of the economy and guide decisions on interest rates, government spending, and other economic interventions.
Key Facts
- The U.S. economy added 390,000 jobs in May 2022.
- The unemployment rate remained at 3.6% in May 2022.
- Leisure and hospitality saw the largest job gains in May 2022.
FAQs
Q: What does this economic trend measure?
A: The Monthly employment trend measures the total number of non-farm payroll jobs in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The Monthly employment trend is a crucial indicator of the economy's overall health and direction, providing crucial insights for policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Monthly employment trend to guide decisions on interest rates, government spending, and other economic interventions.
Q: Are there update delays or limitations?
A: The Monthly employment data is released by the Bureau of Labor Statistics with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Monthly (SMU25000008000000011), retrieved from FRED.