Average Weekly Hours of All Employees: Manufacturing in Massachusetts
Monthly
SMU25000003000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.40
Year-over-Year Change
0.00%
Date Range
1/1/2007 - 7/1/2025
Summary
The 'Monthly' trend measures the number of employees on non-farm payrolls in the United States. This key economic indicator is closely watched by policymakers, analysts, and the public to gauge the health of the 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 'Monthly' employment trend tracks the total number of workers on non-farm payrolls in the U.S. each month, excluding agricultural, private household, and non-profit organizations. This metric is a broad measure of employment conditions and economic activity.
Methodology
The data is collected through surveys of U.S. businesses and organizations by the Bureau of Labor Statistics.
Historical Context
The employment level is a crucial input for Federal Reserve monetary policy and informs economic projections and market outlooks.
Key Facts
- The U.S. had over 153 million non-farm payroll jobs as of the latest report.
- Employment has recovered to pre-pandemic levels after the COVID-19 recession.
- The unemployment rate is currently around 3.5%, near historic lows.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend tracks the total number of workers on non-farm payrolls in the United States each month.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a key indicator of economic health and a crucial input for monetary policy and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and organizations by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment level informs Federal Reserve monetary policy decisions and is closely watched by policymakers, economists, and the public.
Q: Are there update delays or limitations?
A: The 'Monthly' employment data is released by the Bureau of Labor Statistics with a typical one-month lag.
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Citation
U.S. Federal Reserve, Monthly (SMU25000003000000002), retrieved from FRED.