All Employees: Government in Washington

Annual, Not Seasonally Adjusted

SMU53000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

613.80

Year-over-Year Change

13.41%

Date Range

1/1/1990 - 1/1/2024

Summary

This economic trend measures the annual, not seasonally adjusted employment level for the U.S. manufacturing sector. It provides insight into long-term employment patterns and labor market conditions.

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 manufacturing employment series tracks the total number of people employed in the U.S. manufacturing industry on a yearly basis, without adjusting for seasonal fluctuations. This data offers a high-level perspective on the overall health and trends of the manufacturing labor market.

Methodology

The U.S. Bureau of Labor Statistics collects this data through monthly surveys of employers.

Historical Context

Economists and policymakers use this trend to analyze the performance and outlook of the manufacturing sector and its impact on the broader economy.

Key Facts

  • U.S. manufacturing employment reached a peak of over 19 million in 1979.
  • Manufacturing jobs have declined from around 17 million in 2000 to 12 million in 2022.
  • The COVID-19 pandemic caused a sharp drop in manufacturing employment in 2020.

FAQs

Q: What does this economic trend measure?

A: This trend measures the annual, not seasonally adjusted employment level for the U.S. manufacturing sector, providing insight into long-term employment patterns.

Q: Why is this trend relevant for users or analysts?

A: This trend offers a high-level perspective on the overall health and trends of the manufacturing labor market, which is important for understanding the performance and outlook of the manufacturing sector and its impact on the broader economy.

Q: How is this data collected or calculated?

A: The U.S. Bureau of Labor Statistics collects this data through monthly surveys of employers.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this trend to analyze the performance and outlook of the manufacturing sector and its impact on the broader economy.

Q: Are there update delays or limitations?

A: There may be a short delay in the availability of the most recent data, but the series is updated regularly by the U.S. Bureau of Labor Statistics.

Related Trends

Citation

U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU53000009000000001A), retrieved from FRED.