Production or Nonsupervisory Employees: Construction in Connecticut
Monthly, Seasonally Adjusted
SMU09000002000000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.78
Year-over-Year Change
-0.62%
Date Range
1/1/2001 - 7/1/2025
Summary
This monthly, seasonally adjusted employment trend tracks the total nonfarm payroll in the U.S. economy. It is a key indicator of overall economic health 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 total nonfarm payroll statistic represents the number of paid employees working part-time or full-time in businesses, excluding private household employees, employees of nonprofit organizations, and government employees. It is a widely referenced metric for evaluating the strength and trajectory of the U.S. labor market.
Methodology
This data is collected through a monthly survey of employers conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers, economists, and investors closely monitor this employment trend to assess the state of the economy and guide decisions.
Key Facts
- The U.S. had over 150 million nonfarm payroll jobs as of the latest report.
- Employment levels are a key factor in Federal Reserve monetary policy decisions.
- Nonfarm payroll data is released on the first Friday of each month.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of paid employees working in the U.S. nonfarm economy, excluding government, private household, and nonprofit workers.
Q: Why is this trend relevant for users or analysts?
A: The nonfarm payroll statistic is a widely watched indicator of the overall health and direction of the U.S. labor market, which is a critical component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor nonfarm payroll data to assess the state of the economy and inform decisions around monetary policy, investment strategies, and other economic matters.
Q: Are there update delays or limitations?
A: The nonfarm payroll data is released on the first Friday of each month, providing a timely snapshot of the labor market. However, the data may be subject to revisions in subsequent months.
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Citation
U.S. Federal Reserve, Total Nonfarm Payrolls (SMU09000002000000006SA), retrieved from FRED.