All Employees: Manufacturing: Non-Durable Goods in Hawaii
Annual, Not Seasonally Adjusted
SMU15000003200000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.50
Year-over-Year Change
-5.00%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic indicator measures the annual, not seasonally adjusted employment levels for the United States. It provides insights into long-term employment trends and the overall health of the labor market.
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 level tracks the total number of employed persons in the U.S. over a 12-month period, without adjusting for typical seasonal variations. This metric offers a broad view of the labor market's performance and is used by economists and policymakers to assess economic conditions and guide employment-related decisions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This trend is a key input for economic analysis and policy decisions, as employment levels are closely tied to consumer spending, inflation, and overall economic growth.
Key Facts
- The annual, not seasonally adjusted employment level reached a peak of 157.5 million in 2019.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic, but have since partially recovered.
- This metric is a key indicator of the overall health and direction of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted employment level measures the total number of employed persons in the United States over a 12-month period, without adjusting for typical seasonal variations in the labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into long-term employment patterns and the overall strength of the U.S. labor market, which is a crucial indicator of economic health and a key input for policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment trend to assess the state of the economy, guide employment-related decisions, and inform broader economic policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is typically published with a delay of several months, and may be subject to revisions as more complete information becomes available.
Related Trends
Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Hawaii
HIPCEPCGAS
State Government Tax Collections, Death and Gift Taxes in Hawaii
HIDTHGFTAX
All Employees: Manufacturing: Durable Goods in Hawaii
SMU15000003100000001A
Real Gross Domestic Product: Chemical Manufacturing (325) in Hawaii
HICHEMMANRGSP
Gross Domestic Product: Miscellaneous Professional, Scientific, and Technical Services (5412-5414, 5416-5419) in Hawaii
HIMISCPRONGSP
Real Personal Income: Metropolitan Portion for Hawaii
HIMPRPI
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU15000003200000001A), retrieved from FRED.