Monthly, Not Seasonally Adjusted
SMU53000004244600001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.70
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 12/1/2022
Summary
This economic indicator measures the monthly, not seasonally adjusted, total employment in the United States. It provides important insights into the country's labor market conditions and overall economic health.
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 Monthly, Not Seasonally Adjusted employment trend represents the total number of people employed in the U.S. on a monthly basis, without adjusting for seasonal variations. This metric is widely used by economists and policymakers to analyze labor market trends and assess the strength of the broader economy.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve, government agencies, and financial markets to inform economic policy decisions and investment strategies.
Key Facts
- The U.S. economy added over 200,000 jobs in the latest reported month.
- The unemployment rate remained steady at 3.5% in the previous month.
- Service-providing industries account for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the United States on a monthly basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength of the U.S. labor market and the overall health of the economy, which are crucial for economic policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve, government agencies, and financial markets closely monitor this trend to inform economic policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of a few weeks following the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU53000004244600001), retrieved from FRED.