All Employees: Manufacturing in North Carolina
Annual, Not Seasonally Adjusted
SMU37000003000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
465.30
Year-over-Year Change
5.65%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment rate in the United States. Understanding employment trends is crucial for policymakers and economists to assess the health of the labor market.
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 provides a broad overview of the U.S. workforce without the fluctuations caused by seasonal factors like holidays or weather. This metric is used to analyze long-term employment patterns and evaluate the effectiveness of economic policies.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely referenced by government agencies, think tanks, and financial institutions to inform economic decision-making.
Key Facts
- The U.S. employment rate averaged 60.6% in 2021.
- Employment levels fell sharply during the COVID-19 pandemic but have since recovered.
- The not seasonally adjusted data provides a more accurate picture of long-term employment trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment rate in the United States, providing a broad overview of the country's workforce.
Q: Why is this trend relevant for users or analysts?
A: Understanding employment trends is crucial for policymakers and economists to assess the health of the labor market and inform economic decision-making.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is widely referenced by government agencies, think tanks, and financial institutions to inform economic decision-making.
Q: Are there update delays or limitations?
A: The not seasonally adjusted data provides a more accurate picture of long-term employment trends, but may be subject to delays or revisions in the data collection process.
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Number of Civilians Unemployed for 15 Weeks or Longer for North Carolina
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Real Gross Domestic Product: Accommodation (721) in North Carolina
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State Government Tax Collections, Total Sales and Gross Receipts Taxes in North Carolina
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU37000003000000001A), retrieved from FRED.