All Employees: Government in Virginia
Annual, Not Seasonally Adjusted
SMU51000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
754.90
Year-over-Year Change
5.70%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the United States. It provides crucial insights into the underlying strength and trends of the 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 series represents the total number of people employed in the U.S. economy, without adjustments for typical seasonal variations. This metric is widely used by economists and policymakers to assess the overall health and direction of the job market.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is a key input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Key Facts
- The U.S. employed over 157 million people in 2022.
- Employment levels declined sharply during the COVID-19 pandemic.
- Job growth has been strong in the post-pandemic economic recovery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the U.S. economy on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides crucial insights into the overall health and direction of the labor market, which is a key driver of economic growth and a critical input for policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual, not seasonally adjusted employment trend is a key input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Q: Are there update delays or limitations?
A: The employment data is released monthly with a typical lag of several weeks, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU51000009000000001A), retrieved from FRED.