All Employees: Total Nonfarm in Puerto Rico
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU72000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
952.00
Year-over-Year Change
1.27%
Date Range
1/1/1980 - 1/1/2024
Summary
This economic trend measures the total number of employees in the United States on an annual, not seasonally adjusted basis. It provides insight into long-term employment patterns and workforce dynamics.
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 'Thousands of Persons, Annual, Not Seasonally Adjusted' series tracks the total number of nonfarm employees in the U.S. on a yearly basis, without adjusting for seasonal fluctuations. This metric is a key indicator of the overall health and stability of the American labor market.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and market analysts to assess macroeconomic conditions and inform decision-making.
Key Facts
- The U.S. had over 148 million nonfarm employees in 2021.
- Employment levels have grown by over 20% since the early 2000s.
- The COVID-19 pandemic caused a sharp decline in U.S. employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of nonfarm employees 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 is a key indicator of the overall health and stability of the American labor market, providing insight into long-term workforce dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, economists, and market analysts to assess macroeconomic conditions and inform decision-making.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data may have some delay in publication compared to monthly figures.
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Constant GDP per capita for Puerto Rico
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU72000000000000001A), retrieved from FRED.