All Employees: Total Nonfarm in Washington
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU53000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,637.50
Year-over-Year Change
24.61%
Date Range
1/1/1939 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis. It provides key insights into the overall state 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 'Thousands of Persons, Annual, Not Seasonally Adjusted' metric tracks the total employment levels in the U.S. across all industries and sectors. This broad measure is a crucial indicator used by economists and policymakers to assess the health and trajectory of the national economy.
Methodology
The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Historical Context
Trends in total employment are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The annual employment metric covers all non-farm jobs in the U.S.
- Employment levels are a key barometer of economic health and stability.
- Sustained changes in total employment can signal shifts in broader macroeconomic conditions.
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, not seasonally adjusted basis, across all industries and sectors.
Q: Why is this trend relevant for users or analysts?
A: Total employment is a crucial economic indicator used by policymakers, businesses, and analysts to assess the overall health and direction of the U.S. labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in total employment are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The employment data is published on a monthly basis, with an annual not seasonally adjusted figure released each January.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU53000000000000001A), retrieved from FRED.