All Employees: Mining, Logging, and Construction in Montana
Annual, Not Seasonally Adjusted
SMU30000001500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.90
Year-over-Year Change
35.08%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted value for the employment-population ratio in the United States. It provides insights into long-term changes in the labor force participation rate.
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 employment-population ratio is an important economic indicator that tracks the percentage of the working-age population who are employed. It offers a broad perspective on the strength of the labor market and can help inform policy decisions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
The employment-population ratio is closely monitored by economists, policymakers, and market analysts to assess the overall health of the U.S. economy.
Key Facts
- The U.S. employment-population ratio reached a peak of 63.4% in 2000.
- The ratio declined sharply during the Great Recession, reaching a low of 58.2% in 2011.
- As of 2022, the employment-population ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted employment-population ratio tracks the percentage of the working-age population in the United States who are employed.
Q: Why is this trend relevant for users or analysts?
A: The employment-population ratio provides a broad perspective on the strength of the labor market and can help inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: The employment-population ratio is closely monitored by economists, policymakers, and market analysts to assess the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is updated monthly and is subject to revisions by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU30000001500000001A), retrieved from FRED.