All Employees: Construction: Construction of Buildings in Nebraska
Annual, Not Seasonally Adjusted
SMU31000002023600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.40
Year-over-Year Change
47.62%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted level of civilian employment in the United States. It provides important insights into the health and dynamics 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 Annual, Not Seasonally Adjusted employment series tracks the total number of people employed in the civilian labor force on an annual basis without seasonal adjustments. This raw data is valuable for evaluating long-term employment trends and patterns.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this employment metric to assess the strength of the U.S. economy.
Key Facts
- The annual employment level reached a peak of over 155 million in 2019.
- Employment levels saw a sharp decline during the COVID-19 pandemic in 2020.
- The labor force participation rate is a key factor influencing the employment trend.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the civilian labor force 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 raw, unadjusted employment data is crucial for evaluating long-term trends and patterns in the labor market, which is a key indicator of overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment metric to assess the strength of the U.S. economy and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The annual employment data is typically published with a delay of several months, and it does not account for seasonal variations in employment levels.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU31000002023600001A), retrieved from FRED.