All Employees: Manufacturing in Wisconsin
Annual, Not Seasonally Adjusted
SMU55000003000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
467.00
Year-over-Year Change
1.92%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted total nonfarm employment in the United States. Understanding employment trends is crucial for policymakers and economists to assess the overall health of the labor market.
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 total nonfarm employment series tracks the total number of paid employees in the U.S. across all sectors except agriculture, private households, and nonprofit organizations. This broad measure provides insight into the long-term direction of the job market.
Methodology
The data is collected through monthly surveys of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers closely monitor employment trends to gauge economic conditions and inform decisions on fiscal and monetary policy.
Key Facts
- Nonfarm employment accounts for approximately 83% of total U.S. employment.
- The annual, not seasonally adjusted series shows the long-term trend in job growth.
- Employment is a key indicator of economic health and consumer spending power.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted total nonfarm employment in the United States, providing insight into the long-term direction of the job market.
Q: Why is this trend relevant for users or analysts?
A: Understanding employment trends is crucial for policymakers and economists to assess the overall health of the labor market and inform decisions on fiscal and monetary policy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor employment trends to gauge economic conditions and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted data is subject to periodic revisions and may have some delay in publication compared to the monthly, seasonally adjusted employment figures.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU55000003000000001A), retrieved from FRED.