All Employees: Total Nonfarm in Rhode Island
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU44000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
511.70
Year-over-Year Change
8.94%
Date Range
1/1/1939 - 1/1/2024
Summary
This economic trend measures the total number of persons employed annually in the United States, without seasonal adjustments. It provides important insights into long-term employment patterns.
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 'Thousands of Persons, Annual, Not Seasonally Adjusted' trend represents the total number of people employed in the U.S. on an annual basis, without adjustments for seasonal fluctuations. This unadjusted data is useful for analyzing broader labor market trends over time.
Methodology
The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and market analysts to assess the overall health of the U.S. economy.
Key Facts
- Annual, non-seasonally adjusted data since 1939.
- Peaked at over 157 million employed in 2019.
- Experienced a sharp decline during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual basis, without adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted employment data provides important insights into long-term labor market patterns, which is valuable for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers to assess the overall health of the U.S. economy and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published annually without seasonal adjustments, which may limit its use for short-term analysis.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU44000000000000001A), retrieved from FRED.