Nonfinancial Corporations Sector: Employment for Employees

PRS88003013 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

108.79

Year-over-Year Change

4.39%

Date Range

1/1/1947 - 1/1/2025

Summary

This economic trend measures the number of employees in the U.S. nonfinancial corporations sector. It provides valuable insights into the overall health and labor market dynamics of the broader corporate 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 Nonfinancial Corporations Sector: Employment for Employees metric tracks the total number of workers employed by non-financial businesses in the United States. This data point is widely used by economists and policymakers to assess the strength of the private sector labor market and broader economic conditions.

Methodology

The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses.

Historical Context

This employment trend serves as an important input for monetary and fiscal policy decisions.

Key Facts

  • Employment in the U.S. nonfinancial corporate sector totaled over 108 million as of the latest data.
  • The sector accounts for around 75% of total U.S. employment.
  • Nonfinancial corporate employment has grown by over 15% since the end of the Great Recession.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total number of employees working at U.S. businesses outside the financial sector, providing insights into private sector labor market conditions.

Q: Why is this trend relevant for users or analysts?

A: The nonfinancial corporate employment figure is a key indicator of the overall health and dynamism of the U.S. economy, closely watched by policymakers, investors, and other stakeholders.

Q: How is this data collected or calculated?

A: The data is compiled by the U.S. Bureau of Labor Statistics based on surveys of businesses across the country.

Q: How is this trend used in economic policy?

A: Nonfinancial employment serves as an important input for the Federal Reserve and other government institutions when making monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis with a lag of several weeks, and may be subject to revisions over time.

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Citation

U.S. Federal Reserve, Nonfinancial Corporations Sector: Employment for Employees (PRS88003013), retrieved from FRED.