All Employees: Financial Activities: Finance and Insurance in Arkansas
Annual
SMU05000005552000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.30
Year-over-Year Change
49.59%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the average number of new hires per year in the United States, a key indicator of labor market dynamics and overall economic activity.
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 metric tracks the total number of new employees added to payrolls across all sectors of the U.S. economy over a 12-month period. It provides insights into hiring patterns, labor demand, and economic growth.
Methodology
The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor the Annual hiring trend to assess the strength of the labor market and make informed decisions about fiscal and monetary policies.
Key Facts
- The U.S. economy added an average of 2.5 million new hires per year over the past decade.
- Annual hiring rates tend to be higher during periods of economic expansion and lower during recessions.
- The Annual trend is a leading indicator of broader economic conditions and consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total number of new hires added to payrolls across the U.S. economy over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The Annual hiring trend provides valuable insights into labor market dynamics, economic growth, and consumer demand, making it a key indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor the Annual hiring trend to assess the strength of the labor market and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The Annual hiring data is published monthly with a relatively short delay, providing timely insights into labor market conditions.
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Citation
U.S. Federal Reserve, Annual (SMU05000005552000001A), retrieved from FRED.