All Employees: Service-Providing in Mississippi
Annual
SMU28000000700000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
991.20
Year-over-Year Change
9.20%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual series measures the annual average of employees on nonfarm payrolls in the U.S. This provides a comprehensive overview of economic activity and is a key indicator of overall employment trends.
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 series is a widely-used measure of the U.S. labor market, tracking the monthly employment levels across all nonfarm industries. It offers a broad assessment of the economy's health and is closely monitored by policymakers, economists, and investors.
Methodology
The data is collected through a monthly survey of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual employment trend is a crucial input for economic analysis, monetary policy decisions, and assessing the broader trajectory of the U.S. economy.
Key Facts
- The Annual series covers approximately 80% of the U.S. workforce.
- Employment levels are a key factor in the Federal Reserve's monetary policy decisions.
- The Annual data is released monthly and provides a comprehensive overview of the job market.
FAQs
Q: What does this economic trend measure?
A: The Annual series measures the annual average number of employees on nonfarm payrolls in the United States, providing a comprehensive overview of employment conditions.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a crucial indicator of the overall health of the U.S. economy, and is closely monitored by policymakers, economists, and investors for insights into economic activity and labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual employment trend is a key input for the Federal Reserve's monetary policy decisions, as it provides insights into the overall strength of the labor market and economic activity.
Q: Are there update delays or limitations?
A: The Annual data is released monthly, with a brief delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Annual (SMU28000000700000001A), retrieved from FRED.