Civilian Labor Force in Illinois
Annual, Not Seasonally Adjusted
LAUST170000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,624,918.00
Year-over-Year Change
0.34%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the total number of persons employed in the U.S. private sector. This key economic indicator provides insight into the overall health 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
This annual, non-seasonally adjusted employment series tracks the total number of individuals with jobs in the private sector of the U.S. economy. It is a widely followed metric used by economists, policymakers, and market analysts to assess the strength and trajectory of the broader labor force.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is a critical input for evaluating the overall state of the U.S. economy and guiding policy decisions.
Key Facts
- The U.S. private sector employs over 130 million workers.
- Annual private employment has grown by over 20% since 2010.
- The manufacturing sector accounts for approximately 12% of private jobs.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend tracks the total number of persons employed in the U.S. private sector, providing insight into the overall health of the labor market.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a critical indicator used by economists, policymakers, and market analysts to assess the strength and trajectory of the broader U.S. labor force and economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is a key input for evaluating the overall state of the U.S. economy and guiding policy decisions by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The annual, non-seasonally adjusted private employment data is published with a lag of several months following the end of each year.
Related Trends
Average Hourly Earnings of Production Employees: Information in Illinois
SMU17000005000000008A
Transportation Carbon Dioxide Emissions, LPG (Fuel Use) for Illinois
EMISSCO2VHLACBILA
All Employees: Service-Providing in Illinois
SMU17000000700000001
Per Capita Personal Consumption Expenditures: Goods: Durable Goods for Illinois
ILPCEPCDURG
Average Weekly Earnings of Production Employees: Durable Goods: Fabricated Metal Product Manufacturing in Illinois
SMU17000003133200030A
State Government Tax Collections, Documentary and Stock Transfer Taxes in Illinois
ILDOCUTAX
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST170000000000006A), retrieved from FRED.