All Employees: Total Nonfarm in Indiana
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU18000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,261.60
Year-over-Year Change
12.34%
Date Range
1/1/1939 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis. It provides important insights into the overall health and performance of the U.S. 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 'Thousands of Persons, Annual, Not Seasonally Adjusted' series tracks the total employment level in the U.S. economy, offering a comprehensive view of the national workforce. This metric is a key indicator used by economists and policymakers to assess economic growth, labor market conditions, and employment trends.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely monitored by financial markets, government agencies, and economic analysts to inform policy decisions and investment strategies.
Key Facts
- The U.S. employed over 153 million people in 2021.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- Job growth is a key driver of economic expansion and consumer spending.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a critical indicator of economic health and performance, providing insights into labor market conditions, consumer spending, and the overall strength of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor employment trends to inform decisions on interest rates, fiscal policies, and other measures aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The employment data is released on a monthly basis, with an annual not seasonally adjusted figure published each January.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU18000000000000001A), retrieved from FRED.