All Employees: Total Private in Washington
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU53000000500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,023.70
Year-over-Year Change
27.15%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of persons employed annually in the United States, without seasonal adjustments. It provides key insights into long-term employment patterns and labor market dynamics.
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' series tracks the total number of persons employed each year in the U.S. This unadjusted data is useful for analyzing broader employment trends over time, as it excludes short-term seasonal fluctuations.
Methodology
The data is collected through comprehensive surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Historical Context
This employment metric is widely used by economists, policymakers, and market analysts to assess the health and trajectory of the overall labor market.
Key Facts
- Annual employment reached a peak of 153,617,000 persons in 2019.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic.
- The services sector accounts for the largest share of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed annually in the United States, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted employment data provides valuable insights into long-term labor market dynamics and is widely used by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is used by policymakers to assess the overall health and trajectory of the labor market, which informs economic and policy decisions.
Q: Are there update delays or limitations?
A: The annual employment data is subject to revisions and may have a delay of several months in availability.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU53000000500000001A), retrieved from FRED.