Civilian Labor Force in North Dakota
Annual, Not Seasonally Adjusted
LAUST380000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
425,793.00
Year-over-Year Change
7.08%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures the total number of employed persons in the U.S. over a 12-month period. This key labor market indicator provides insight into the overall health and stability of the national 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 trend represents the total count of employed persons in the United States, without adjustments for typical seasonal fluctuations. It is a widely followed economic indicator used by policymakers, analysts, and researchers to evaluate long-term employment trends and labor force dynamics.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely watched by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The annual employment level reached a record high of 158.8 million in 2019.
- The COVID-19 pandemic caused a sharp decline in annual employment in 2020.
- The annual employment trend is a key indicator of the overall health of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total number of employed persons in the United States over a 12-month period, without adjusting for typical seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides valuable insights into the long-term health and stability of the labor market, which is a critical component of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Annual, Not Seasonally Adjusted employment trend is closely monitored by the Federal Reserve and other policymaking institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted employment data is typically released with a 1-2 month delay and may be subject to minor revisions over time.
Related Trends
Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for North Dakota
EMISSCO2VARICBNDA
Per Capita Personal Consumption Expenditures: Goods: Durable Goods for North Dakota
NDPCEPCDURG
All Employees: Leisure and Hospitality in North Dakota
SMU38000007000000001A
Chain-Type Quantity Index for Real GDP: Arts, Entertainment, and Recreation (71) in North Dakota
NDARTENTRECQGSP
Accommodation and Food Services Earnings in North Dakota
NDEACC
Utilities Wages and Salaries in North Dakota
NDWUTI
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST380000000000006A), retrieved from FRED.