All Employees: Manufacturing in Washington
Annual, Not Seasonally Adjusted
SMU53000003000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
274.50
Year-over-Year Change
-2.21%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment in the state of Alaska. It is a key indicator for understanding labor market dynamics and economic conditions in the state.
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 provides the total number of jobs in Alaska on an annual basis, without adjusting for typical seasonal fluctuations. This data is used by economists and policymakers to analyze long-term employment trends and assess the overall health of the Alaskan economy.
Methodology
The data is collected through surveys of Alaskan employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding state-level economic policy and workforce development initiatives.
Key Facts
- Alaska's annual employment reached a high of over 350,000 jobs in 2019.
- The state experienced a decline in employment during the COVID-19 pandemic in 2020.
- The energy and healthcare sectors are major drivers of employment in Alaska.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of jobs in the state of Alaska on an annual basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the long-term employment dynamics and overall economic health of Alaska, which is useful for policymakers, businesses, and researchers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Alaskan employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for understanding state-level economic policy and workforce development initiatives in Alaska.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data for Alaska may have a delay of several months before being published.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU53000003000000001A), retrieved from FRED.