Production or Nonsupervisory Employees: Wholesale Trade in Hawaii
Seasonally Adjusted
SMU15000004100000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.97
Year-over-Year Change
-5.41%
Date Range
1/1/2001 - 7/1/2025
Summary
The Seasonally Adjusted series measures the monthly total nonfarm employment level in the United States, adjusted for typical seasonal variations. This key economic indicator provides insight into the overall strength of the U.S. 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 Seasonally Adjusted nonfarm employment series is a widely followed metric that tracks month-over-month changes in the total number of employed persons, excluding agricultural workers. Economists and policymakers use this data to assess the health and trajectory of the broader economy.
Methodology
The data is collected through surveys of U.S. businesses and households, then adjusted to account for regular seasonal patterns.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Nonfarm employment accounts for about 80% of total U.S. employment.
- The series has been published monthly since 1939.
- Employment levels are a key determinant of consumer spending and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted nonfarm employment series tracks the monthly total number of employed persons in the United States, excluding agricultural workers, with adjustments made for typical seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides crucial insight into the overall strength and direction of the U.S. labor market, which is a major driver of broader economic conditions and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and households, then adjusted to account for regular seasonal patterns.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted nonfarm employment series is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions aimed at promoting full employment and economic growth.
Q: Are there update delays or limitations?
A: The nonfarm employment data is published monthly with a lag of several weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU15000004100000006SA), retrieved from FRED.