All Employees: Leisure and Hospitality in Colorado
Annual, Not Seasonally Adjusted
SMU08000007000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
353.50
Year-over-Year Change
26.39%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the total number of nonfarm jobs in the United States on an annual basis without seasonal adjustments. This metric is widely used by economists and policymakers to analyze broad employment trends 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
This annual, unadjusted employment figure represents the total number of nonfarm payroll jobs in the U.S. economy, excluding agricultural workers, government employees, private household employees, and nonprofit organization employees. It provides a comprehensive view of the nation's labor market without the influence of seasonal hiring patterns.
Methodology
The data is collected through monthly surveys of public and private sector employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts use this nonfarm payroll employment trend to assess the overall health and growth of the U.S. economy.
Key Facts
- The U.S. had over 150 million nonfarm payroll jobs in 2022.
- Employment levels are a key indicator of economic expansion or contraction.
- Nonfarm payroll data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total number of nonfarm payroll jobs in the United States on an annual basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted employment figure is widely used by economists and policymakers to analyze broad labor market conditions and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of public and private sector employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this nonfarm payroll employment trend to assess the overall strength and growth of the U.S. economy.
Q: Are there update delays or limitations?
A: The nonfarm payroll data is released monthly with a brief delay, providing a comprehensive view of the nation's labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU08000007000000001A), retrieved from FRED.