All Employees: Total Nonfarm in Maryland
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU24000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,834.70
Year-over-Year Change
9.33%
Date Range
1/1/1939 - 1/1/2024
Summary
This annual, not seasonally adjusted data series measures the total number of persons employed in the United States. It is a key indicator of 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 represents the total employment level in the U.S. across all industries and sectors. It is a widely tracked metric used by economists, policymakers, and market analysts to assess economic conditions and inform decision-making.
Methodology
The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Historical Context
Trends in total U.S. employment are closely monitored for insights into consumer demand, business investment, and the broader trajectory of the economy.
Key Facts
- The U.S. employed over 150 million people in 2022.
- Total employment has grown by over 20% since 2010.
- Services sectors account for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total number of persons employed in the United States across all industries and sectors on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Total U.S. employment is a key indicator of economic health and performance, providing insights into consumer demand, business investment, and the overall trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in total U.S. employment are closely monitored by policymakers, economists, and market analysts to inform decision-making and assess the state of the labor market and broader economy.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is typically released with a lag of several months following the end of the calendar year.
Related Trends
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X08IOMBIMD
Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Maryland
MSRSMDTOTAL
Real Gross Domestic Product: Retail Trade (44-45) in Maryland
MDRETAILRQGSP
All Employees: Government: Local Government Educational Services in Maryland
SMU24000009093161101
Real Gross Domestic Product: Nonmetallic Mineral Product Manufacturing (327) in Maryland
MDNMMPMANRGSP
All Employees: State Government in Maryland
SMU24000009092000001A
Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU24000000000000001A), retrieved from FRED.