All Employees: Total Nonfarm in Arkansas
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU05000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,365.40
Year-over-Year Change
15.99%
Date Range
1/1/1939 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis. It provides a broad overview of long-term employment patterns and labor market 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
The 'Thousands of Persons, Annual, Not Seasonally Adjusted' series tracks the total number of persons employed in the U.S. economy over a calendar year. This key labor market indicator is widely used by economists, policymakers, and analysts to assess the overall health and direction of the job market.
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 monitored for its implications on consumer spending, inflation, and broader economic conditions.
Key Facts
- The U.S. employed over 150 million people in 2021.
- Employment levels declined during the COVID-19 pandemic but have since recovered.
- Service-providing industries account for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This key labor market indicator is widely used to assess the overall health and direction of the job market, with implications for consumer spending, inflation, and broader economic conditions.
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: This employment trend is closely monitored by economists, policymakers, and analysts to inform decisions and assessments related to the overall state of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The annual employment data is released with a relatively short lag, providing timely insight into labor market trends.
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Citation
U.S. Bureau of Labor Statistics, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU05000000000000001A), retrieved from FRED.