All Employees: Information in Minnesota
Annual, Not Seasonally Adjusted
SMU27000005000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.60
Year-over-Year Change
-15.18%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted count of employees in the private sector in the United States. It provides insights into labor market dynamics and overall economic health.
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 series tracks the total number of private sector employees in the U.S. on an annual basis without adjusting for seasonal variations. This metric is a key indicator of economic performance and can inform policymaking decisions.
Methodology
The data is collected through the Current Employment Statistics survey administered by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to evaluate the strength of the private labor market and broader economic conditions.
Key Facts
- The private sector accounts for over 80% of total U.S. employment.
- Annual employment data provides a longer-term perspective than monthly figures.
- Trends in private sector employment are closely watched for signs of economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted count of employees in the private sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market dynamics and overall economic health, which is valuable for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics survey administered by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the strength of the private labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The annual data may have a longer publication delay compared to monthly employment figures.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU27000005000000001A), retrieved from FRED.