All Employees: Information in North Carolina
Annual, Not Seasonally Adjusted
SMU37000005000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.80
Year-over-Year Change
35.76%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the total number of employees in the private sector in the United States. This economic indicator provides valuable insights into the overall health and growth of the U.S. 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
This employment trend represents the total number of workers in the private non-farm sector of the U.S. economy on an annual, not seasonally adjusted basis. It is a key metric used by economists and policymakers to analyze workforce participation, productivity, and broader economic trends.
Methodology
The data is collected through surveys of private businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The private sector accounts for about 85% of total U.S. employment.
- Employment levels reached a record high of 130 million in 2019 before declining due to the COVID-19 pandemic.
- The service sector makes up the largest share of private employment in the U.S.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total number of employees in the private, non-farm sector of the U.S. economy on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of the overall health and growth of the U.S. labor market, providing valuable insights for economists, policymakers, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other government agencies closely monitor this employment trend to inform monetary and fiscal policy decisions aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted employment data is typically released with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU37000005000000001A), retrieved from FRED.