All Employees: Financial Activities in Colorado
Annual, Not Seasonally Adjusted
SMU08000005500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178.50
Year-over-Year Change
21.68%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted total nonfarm employment in the United States. It provides insight into long-term employment patterns and labor market conditions.
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 employment data tracks the total number of nonfarm jobs in the U.S. over a 12-month period. This broad measure is used by economists and policymakers to analyze workforce trends and labor market health.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This annual employment trend is an important indicator for understanding the overall strength of the U.S. economy.
Key Facts
- The U.S. had over 153 million nonfarm jobs in 2022.
- Annual employment grew by 4.5% from 2021 to 2022.
- The services sector accounts for over 80% of total U.S. nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of nonfarm jobs in the United States over a 12-month period, providing insight into long-term employment patterns.
Q: Why is this trend relevant for users or analysts?
A: This annual employment data is a key indicator of labor market health and the overall strength of the U.S. economy, making it important for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey 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 this annual employment trend to assess the state of the labor market and make informed decisions on economic policies.
Q: Are there update delays or limitations?
A: The annual employment data is released with a delay of several months, and it does not capture seasonal fluctuations in employment.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU08000005500000001A), retrieved from FRED.