All Employees: Other Services in Massachusetts
Annual, Not Seasonally Adjusted
SMU25000008000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.80
Year-over-Year Change
12.31%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual not seasonally adjusted employment levels for the United States. It provides valuable insights into long-term workforce patterns that are crucial for economic analysis and policymaking.
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 Annual, Not Seasonally Adjusted employment series tracks the total number of workers across all sectors of the U.S. economy on an annual basis, without adjusting for seasonal variations. This data is widely used by economists and policymakers to understand broad labor market trends and inform economic decision-making.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to assess the overall health of the U.S. economy.
Key Facts
- The U.S. economy employed over 150 million workers in 2022.
- Employment levels have steadily increased since the Great Recession.
- The service sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into long-term labor market dynamics and is a key indicator of the overall health 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: The Federal Reserve and other policymakers closely monitor this trend to assess the strength of the labor market and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a lag of several months, and may not capture short-term fluctuations in the labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU25000008000000001A), retrieved from FRED.