Average Weekly Earnings of All Employees: Manufacturing in Arizona
Monthly
SMU04000003000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,384.06
Year-over-Year Change
-0.63%
Date Range
1/1/2007 - 7/1/2025
Summary
The Monthly Employees on Nonfarm Payrolls trend measures the total number of employees on payrolls in the United States, excluding farm workers. This metric is a key indicator of the overall health and strength of the U.S. 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 Monthly Employees on Nonfarm Payrolls trend provides a comprehensive overview of employment levels across a wide range of industries, offering valuable insights into economic activity and the state of the job market. It is closely monitored by economists, policymakers, and investors to assess the trajectory of the U.S. economy.
Methodology
The data is collected through a monthly survey of businesses and government agencies across the country.
Historical Context
This employment metric is a primary input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Key Facts
- The U.S. economy added 528,000 jobs in July 2022.
- The unemployment rate fell to 3.5% in July 2022, matching a 50-year low.
- Nonfarm payroll employment has surpassed its pre-pandemic level.
FAQs
Q: What does this economic trend measure?
A: The Monthly Employees on Nonfarm Payrolls trend measures the total number of employees on payrolls in the United States, excluding farm workers.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of the overall health and strength of the U.S. labor market, and is closely monitored by economists, policymakers, and investors to assess the trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies across the country.
Q: How is this trend used in economic policy?
A: This employment metric is a primary input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short time lag, providing timely insights into the U.S. labor market.
Similar SMU Trends
Real Gross Domestic Product: Real Estate and Rental and Leasing (53) in Arizona
AZRERENTLEARQGSP
Gross Domestic Product: Motion Picture and Sound Recording Industries (512) in Arizona
AZMOTPICSNDNGSP
Pandemic Emergency Unemployment Compensation Continued Claims in Arizona
PEUCCCAZ
Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Motor Vehicles and Parts for Arizona
AZPCEPCVEH
Median Household Income in Arizona
MEHOINUSAZA646N
Average Hourly Earnings of All Employees: Financial Activities in Arizona
SMU04000005500000003
Citation
U.S. Federal Reserve, Monthly Employees on Nonfarm Payrolls (SMU04000003000000011), retrieved from FRED.