All Employees: Leisure and Hospitality in Arizona
Annual, Not Seasonally Adjusted
SMU04000007000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
363.70
Year-over-Year Change
36.32%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the average annual employment levels in the United States without adjusting for seasonal variations. This data provides critical insights into long-term employment patterns and workforce dynamics.
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 data tracks the yearly average number of employed persons in the U.S. economy. The absence of seasonal adjustments allows for a more accurate representation of underlying employment trends, which is valuable for economic analysis and policymaking.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is widely used by economists, policymakers, and market analysts to assess the health and trajectory of the broader labor market.
Key Facts
- Annual employment data is not adjusted for seasonal variations.
- Provides long-term insights into workforce trends and dynamics.
- Collected through household surveys by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average annual employment levels in the United States without adjusting for seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: The non-seasonally adjusted annual employment data offers valuable insights into long-term workforce trends and patterns, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is widely used by economists, policymakers, and market analysts to assess the overall health and trajectory of the U.S. labor market.
Q: Are there update delays or limitations?
A: The annual, non-seasonally adjusted employment data is subject to the same update schedule and potential limitations as the broader labor force survey conducted by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU04000007000000001A), retrieved from FRED.