All Employees: Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers in Ohio
Monthly, Not Seasonally Adjusted
SMU39000004142340001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.60
Year-over-Year Change
-0.33%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of nonfarm jobs in Alabama on a monthly basis, without adjusting for seasonal variations. It provides important insights into the state's overall employment levels and economic activity.
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 nonfarm payroll employment data tracks the number of jobs across various industries in Alabama, excluding agricultural workers and private household employees. This metric is a key indicator of the state's economic health and is widely used by policymakers, analysts, and businesses to gauge labor market conditions.
Methodology
The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this employment trend to inform decisions on economic and workforce development strategies.
Key Facts
- Alabama's nonfarm employment reached a record high in 2022.
- The state's job market has consistently outperformed the national average.
- Manufacturing and healthcare are major drivers of employment growth in Alabama.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of nonfarm jobs in Alabama on a monthly basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The nonfarm payroll employment data is a key indicator of Alabama's economic health and labor market conditions, which is closely monitored by policymakers, analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies 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 inform decisions on economic and workforce development strategies in Alabama.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical one-month delay.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU39000004142340001), retrieved from FRED.