All Employees: Construction in North Carolina
Annual, Not Seasonally Adjusted
SMU37000002000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
271.30
Year-over-Year Change
57.73%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted employment level in the United States. It provides important insights into broader labor market 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 level tracks the total number of employed persons in the U.S. without adjusting for typical seasonal variations. This timely data is used by economists and policymakers to analyze the health and growth of the overall labor market.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment metric is closely monitored by the Federal Reserve and other agencies to inform economic and policy decisions.
Key Facts
- The series dates back to 1939.
- Annual employment reached a peak of 157.5 million in 2019.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual employment level provides important insights into the overall health and growth of the U.S. labor market, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment metric is closely monitored by the Federal Reserve and other agencies to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The annual employment data is published with a short lag and does not account for typical seasonal variations in the labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU37000002000000001A), retrieved from FRED.