Civilian Labor Force in Arkansas
Annual, Not Seasonally Adjusted
LAUST050000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,408,992.00
Year-over-Year Change
4.51%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the total nonfarm employment level in the U.S. over a 12-month period. This key labor market indicator provides insight into the overall strength and growth of the economy.
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 series tracks the total number of nonfarm payroll jobs in the United States across all major industries, excluding farm workers, private household employees, and nonprofit organization employees. This broad metric is a fundamental gauge of economic activity and employment health.
Methodology
The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor nonfarm employment trends to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. had over 150 million nonfarm jobs as of the latest annual period.
- Nonfarm employment is a key component of GDP and a barometer of economic health.
- Employment data is closely watched by the Federal Reserve and other policymakers.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total level of nonfarm employment in the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: Nonfarm employment is a fundamental indicator of economic activity and labor market strength, providing insight into overall economic growth and performance.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor nonfarm employment trends to inform monetary and fiscal policy decisions that impact the broader economy.
Q: Are there update delays or limitations?
A: The annual nonfarm employment data is published with a short delay and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST050000000000006A), retrieved from FRED.