All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Mississippi
Annual
SMU28000005552200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.80
Year-over-Year Change
-10.05%
Date Range
1/1/1991 - 1/1/2024
Summary
The Annual trend measures the average number of employees per year in the total nonfarm sector of the U.S. economy. This metric is a key indicator of economic growth and labor market 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 trend represents the total number of nonfarm employees in the United States across all industries, reported on an annual basis. This aggregate employment figure is closely watched by economists, policymakers, and investors as a barometer of economic performance and labor market conditions.
Methodology
The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Historical Context
The Annual employment trend is used to inform economic policy decisions and business strategy.
Key Facts
- The Annual trend reached a record high of 153.1 million employees in 2019.
- The COVID-19 pandemic caused a sharp decline in Annual employment in 2020.
- Annual employment has rebounded but remains below pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average number of employees per year in the total nonfarm sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment figure is a key indicator of economic growth and labor market health, closely watched by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual employment trend is used to inform economic policy decisions and business strategy.
Q: Are there update delays or limitations?
A: The Annual employment data is reported with a slight delay, typically 1-2 months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual (SMU28000005552200001A), retrieved from FRED.