TSSOS Future Part-Time Employment; Diffusion Index for Texas

Not Seasonally Adjusted

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

Latest Value

0.50

Year-over-Year Change

-54.55%

Date Range

1/1/2007 - 7/1/2025

Summary

This economic trend measures the total number of persons employed on a non-seasonally adjusted basis in the state of Alabama, as reported by the U.S. Federal Reserve. It is a key indicator of labor market conditions in the state.

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 'Not Seasonally Adjusted' employment data removes the effects of typical seasonal variations, providing a more accurate representation of underlying trends in the Alabama labor market. This data is used by economists and policymakers to analyze workforce dynamics and inform economic policy decisions.

Methodology

The data is collected through surveys of employers conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This employment trend is closely monitored by the Federal Reserve and other institutions to assess the health of the Alabama economy.

Key Facts

  • Alabama's labor force totaled over 2.2 million in 2022.
  • The state's unemployment rate was 2.7% as of January 2023.
  • Manufacturing is a major industry, employing over 270,000 Alabamians.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of persons employed on a non-seasonally adjusted basis in the state of Alabama.

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

A: This employment data provides a clear picture of underlying labor market conditions in Alabama, which is crucial information for economists, policymakers, and businesses.

Q: How is this data collected or calculated?

A: The data is collected through surveys of employers conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: The Federal Reserve and other institutions closely monitor this employment trend to assess the health of the Alabama economy and inform policy decisions.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical release lag of several weeks.

Related Trends

Citation

U.S. Federal Reserve, Total Nonfarm Payroll Employment, Not Seasonally Adjusted (TSSOSFPEMPUAMFRBDAL), retrieved from FRED.