All Employees: Professional and Business Services in Hawaii
Annual, Not Seasonally Adjusted
SMU15000006000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.20
Year-over-Year Change
3.44%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted employment levels in the United States. It provides a broad overview of the underlying employment trends without the month-to-month fluctuations.
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 is a key economic indicator that tracks the total number of employed persons in the U.S. over a 12-month period. This unadjusted data offers insights into long-term employment patterns that are crucial for economic analysis and policymaking.
Methodology
The data is collected through surveys of U.S. households and businesses by the Bureau of Labor Statistics.
Historical Context
This employment trend is widely used by economists, policymakers, and market analysts to assess the overall health and growth of the U.S. labor market.
Key Facts
- Annual employment data avoids the noise of seasonal fluctuations.
- This metric provides a long-term view of employment trends.
- The data is widely used to inform economic policy decisions.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of employed persons in the United States over a 12-month period, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment data offers valuable insights into the underlying strength and growth of the U.S. labor market, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is widely used by economists, policymakers, and market analysts to assess the overall health and direction of the U.S. labor market, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data may have a longer publication lag compared to monthly employment figures, but it provides a more comprehensive long-term perspective on employment trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU15000006000000001A), retrieved from FRED.