All Employees: Professional and Business Services in Washington
Annual, Not Seasonally Adjusted
SMU53000006000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
547.50
Year-over-Year Change
52.72%
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 important insights into long-term labor market trends and can inform policy decisions.
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 level tracks the total number of employed persons in the U.S. without adjusting for seasonal variations. This metric offers a comprehensive view of the labor market and is widely used by economists and policymakers to analyze workforce dynamics and economic health.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is a key indicator referenced by the Federal Reserve, government agencies, and private sector analysts to assess the broader state of the U.S. economy.
Key Facts
- The U.S. employed over 155 million people in 2022.
- Employment levels have rebounded since the COVID-19 pandemic.
- The manufacturing sector accounts for over 12 million U.S. jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric offers valuable insights into long-term labor market dynamics and is widely used by economists, policymakers, and analysts to assess the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Annual, Not Seasonally Adjusted employment level is a key indicator referenced by the Federal Reserve, government agencies, and private sector analysts to inform policy decisions and evaluate the state of the U.S. labor market.
Q: Are there update delays or limitations?
A: The employment data is published monthly with a brief lag, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU53000006000000001A), retrieved from FRED.