All Employees: Professional and Business Services in Pennsylvania
Annual, Not Seasonally Adjusted
SMU42000006000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
834.10
Year-over-Year Change
13.31%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment levels in the U.S. It is a key indicator of the overall strength and direction of the American 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 data provides a raw, unadjusted view of total employment levels across the country. It is used by economists and policymakers to analyze broader employment trends and support decision-making.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is closely watched by the Federal Reserve and other institutions to gauge the health of the economy.
Key Facts
- Employment levels peaked in 2019 before declining during the COVID-19 pandemic.
- The data is released monthly by the Bureau of Labor Statistics.
- Annual employment is a lagging indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the United States on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment data provides a raw, unfiltered view of labor market conditions, which is useful for analyzing broader economic trends and supporting policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is closely monitored by the Federal Reserve and other institutions to gauge the overall health of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be a lag of several weeks between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU42000006000000001A), retrieved from FRED.