All Employees: Total Nonfarm in Colorado
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU08000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,971.00
Year-over-Year Change
28.52%
Date Range
1/1/1939 - 1/1/2024
Summary
This economic trend measures the total annual employment in thousands of persons for the United States, reported on a not seasonally adjusted basis. It provides a broad overview of labor market conditions and is a key indicator used by economists and policymakers.
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 represents the total number of employed persons in the U.S. on an annual basis, without adjustment for seasonal variations. This metric is widely tracked to assess the overall health and trends in the national labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Key Facts
- The U.S. employed over 158 million people in 2021.
- Employment levels have largely recovered to pre-pandemic highs.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment in the United States, reported in thousands of persons on a not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of the overall health and direction of the U.S. labor market, providing important context for economists, policymakers, and market participants.
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: The Federal Reserve and other government agencies closely monitor this employment trend to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, with a lag of several months, and does not account for seasonal variations in employment.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU08000000000000001A), retrieved from FRED.