All Employees: Mining and Logging in Puerto Rico
Annual, Not Seasonally Adjusted
SMU72000001000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
-14.29%
Date Range
1/1/2003 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures total nonfarm employment in the United States. This key economic indicator provides insight into overall labor market conditions and trends.
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
This data series represents the total number of persons on nonfarm payrolls in the U.S. It is widely used by economists, policymakers, and analysts to assess the health and direction of the national economy.
Methodology
The data is collected through monthly surveys of employers conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in nonfarm payroll employment are closely monitored for their implications on monetary and fiscal policy decisions.
Key Facts
- Nonfarm payroll employment is a key metric of economic activity.
- The data excludes farm workers, private household employees, and non-profit workers.
- U.S. nonfarm payrolls totaled over 150 million as of the latest report.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures the total number of people employed in nonfarm industries across the United States.
Q: Why is this trend relevant for users or analysts?
A: Nonfarm payroll employment is a widely watched indicator of the overall health of the U.S. labor market and economy. Changes in this metric have important implications for policymakers and financial markets.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Nonfarm payroll data is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy, such as interest rate adjustments.
Q: Are there update delays or limitations?
A: The nonfarm payroll data is released monthly with a typical one-month lag. The 'not seasonally adjusted' version may exhibit more volatility compared to the seasonally adjusted series.
Related Trends
All Employees: Total Nonfarm in Puerto Rico
SMS72000000000000001
All Employees: Government: Federal Government in Puerto Rico
SMS72000009091000001
All Employees: Financial Activities in Puerto Rico
SMS72000005500000001
All Employees: Social Assistance: Individual and Family Services in Puerto Rico
SMU72000006562410001A
All Employees: Health Care and Social Assistance in Puerto Rico
SMU72000006562000001A
All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Puerto Rico
SMU72000004142400001A
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU72000001000000001A), retrieved from FRED.