All Employees: Information in Rhode Island
Annual, Not Seasonally Adjusted
SMU44000005000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.60
Year-over-Year Change
-28.21%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures annual employment, not seasonally adjusted, for the United States. It provides a high-level overview of labor market trends and is a key indicator for economists and policymakers.
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 captures total nonfarm employment on an annual basis without adjusting for seasonal variations. This raw data series is used to analyze broader year-over-year employment changes and long-term labor market dynamics.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other institutions to assess the overall health of the U.S. economy.
Key Facts
- The U.S. had over 150 million nonfarm jobs in 2022.
- Employment levels fluctuate seasonally due to factors like weather and holidays.
- Annual employment data provides a longer-term perspective on workforce trends.
FAQs
Q: What does this economic trend measure?
A: This series measures total nonfarm employment in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment data is a key indicator of the overall health and direction of the U.S. labor market, providing important context for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business 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 institutions closely monitor this employment trend to assess the strength of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the release of this annual employment data by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU44000005000000001A), retrieved from FRED.