Employment for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
Thousands of Jobs
IPUGN4251W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
501.00
Year-over-Year Change
-8.98%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' trend measures the total number of jobs in the U.S. nonfarm private sector. This key economic indicator is closely watched by policymakers, analysts, and investors to gauge the health and direction 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 'Thousands of Jobs' metric tracks the total number of employees on nonfarm payrolls, excluding government workers. It is a broad measure of job creation and economic activity, reflecting changes in hiring across various private industries.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The 'Thousands of Jobs' trend is a leading indicator used to assess the overall state of the economy and inform monetary and fiscal policy decisions.
Key Facts
- The 'Thousands of Jobs' metric covers approximately 80% of the U.S. workforce.
- Job gains or losses can signal changes in consumer demand, business investment, and economic growth.
- Monthly 'Thousands of Jobs' data is a critical input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' metric tracks the total number of employees on nonfarm payrolls in the U.S. private sector, excluding government workers.
Q: Why is this trend relevant for users or analysts?
A: The 'Thousands of Jobs' trend is a key indicator of labor market health and overall economic activity, closely watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Thousands of Jobs' metric is a leading indicator used by the Federal Reserve and other policymakers to assess the state of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The 'Thousands of Jobs' data is released monthly with a short publication delay, providing timely information on labor market trends.
Related Trends
Sectoral Output Price Deflator for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231T050000000
Labor Productivity for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
IPUGN424210L000000000
Hours Worked for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421L010000000
Unit Labor Costs for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249U100000000
Real Sectoral Output for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234T011000000
Employment for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States
IPUGN4237W200000000
Citation
U.S. Federal Reserve, Thousands of Jobs (IPUGN4251W200000000), retrieved from FRED.