Annual
SMU15000009091911901A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.10
Year-over-Year Change
9.04%
Date Range
1/1/2001 - 1/1/2016
Summary
The Annual trend measures the total nonfarm employment levels for the United States on an annual basis. This key economic indicator provides insight into the overall health and growth 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 Annual employment series tracks total nonfarm payroll employment, which includes workers in the private sector and government. It is one of the most widely followed indicators of economic activity and a core component in assessing the strength of the U.S. economy.
Methodology
The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor the Annual employment trend to gauge economic performance and inform decisions around monetary and fiscal policies.
Key Facts
- The Annual employment trend reached a peak of 153 million in 2019 before declining during the COVID-19 pandemic.
- Steady growth in Annual employment is a key sign of a healthy, expanding U.S. economy.
- The Annual data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Annual employment trend measures the total number of nonfarm payroll jobs in the United States on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a crucial indicator of the overall strength and growth of the U.S. labor market, providing insight into economic performance.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Annual employment trend to assess the health of the economy and inform decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Annual employment data is released monthly with no significant update delays, providing timely insight into the U.S. labor market.
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Citation
U.S. Federal Reserve, Annual (SMU15000009091911901A), retrieved from FRED.