All Employees: Goods Producing in Wisconsin
Annual, Not Seasonally Adjusted
SMU55000000600000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
611.90
Year-over-Year Change
10.21%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the private sector in the United States. It is a key indicator of labor market conditions and economic growth.
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 represents the total number of private sector jobs in the U.S. economy over a 12-month period without adjustments for typical seasonal variations. This metric provides insight into the overall strength and trajectory of the labor market.
Methodology
The data is collected through surveys of private businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the health of the broader economy and inform decisions around fiscal and monetary policy.
Key Facts
- The annual, not seasonally adjusted private sector employment level in the U.S. was over 130 million as of the latest data.
- This metric has shown steady growth in private sector jobs over the past decade, with occasional dips during economic recessions.
- Tracking changes in the annual employment level helps policymakers and businesses gauge the strength and resilience of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted employment level measures the total number of private sector jobs in the United States over a 12-month period without adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall health and trajectory of the U.S. labor market, which is a key indicator of economic growth and a critical factor for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of the broader economy and inform decisions around fiscal and monetary policy, as well as other economic interventions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a slight delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU55000000600000001A), retrieved from FRED.