All Employees: Trade, Transportation, and Utilities in Mississippi
Annual, Not Seasonally Adjusted
SMU28000004000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
248.10
Year-over-Year Change
14.81%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level for the state of Colorado. It provides insight into the state's labor market and workforce 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, Not Seasonally Adjusted employment series tracks the total number of non-farm payroll jobs in Colorado on an annual basis, without adjusting for typical seasonal fluctuations. This metric offers a clear picture of the state's long-term employment growth and economic conditions.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this employment trend to evaluate the health of Colorado's labor market and inform economic policy decisions.
Key Facts
- Colorado's annual employment reached a record high in 2022.
- The state's workforce grew by over 3% in the past year.
- Unemployment in Colorado remains below the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual, not seasonally adjusted employment level for the state of Colorado, providing insight into the state's labor market and workforce trends.
Q: Why is this trend relevant for users or analysts?
A: This employment metric offers a clear picture of Colorado's long-term economic conditions and labor market health, which is valuable for policymakers, businesses, and economists analyzing the state's economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment trend to evaluate the health of Colorado's labor market and inform economic policy decisions at the state level.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data for Colorado is published with a slight delay, typically a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU28000004000000001A), retrieved from FRED.