All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Arkansas
Annual, Not Seasonally Adjusted
SMU05000004300000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.20
Year-over-Year Change
17.21%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted total nonfarm employment level in the United States. This metric is crucial for economists and policymakers to understand the overall health and growth 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 Annual, Not Seasonally Adjusted total nonfarm employment series provides a comprehensive view of the total number of jobs in the U.S. economy, excluding certain sectors like agriculture. This unadjusted data is used to analyze long-term employment trends and make comparisons across regions and industries.
Methodology
The Bureau of Labor Statistics collects this data through monthly surveys of business establishments.
Historical Context
Policymakers and analysts closely monitor this employment metric to assess economic conditions and guide fiscal and monetary policies.
Key Facts
- The U.S. had over 150 million total nonfarm jobs in 2022.
- Employment levels have steadily increased since the 2008-2009 recession.
- The service sector accounts for the majority of total nonfarm jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of nonfarm jobs in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is crucial for understanding the overall health and growth of the U.S. labor market, which is a key driver of economic performance.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects this data through monthly surveys of business establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this employment metric to assess economic conditions and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of a few weeks, and it does not account for seasonal variations in employment.
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Citation
U.S. Bureau of Labor Statistics, Annual, Not Seasonally Adjusted (SMU05000004300000001A), retrieved from FRED.