All Employees: Total Nonfarm in Idaho
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU16000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
863.20
Year-over-Year Change
38.85%
Date Range
1/1/1939 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual basis without seasonal adjustments. It is a key indicator of the overall health and size 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 'Thousands of Persons, Annual, Not Seasonally Adjusted' metric represents the total employed civilian population in the United States. It is a widely referenced data point for economists and policymakers to gauge long-term employment trends and labor force participation.
Methodology
The data is collected through the Current Population Survey (CPS), a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
This unadjusted annual employment figure informs decisions around fiscal, monetary, and labor market policies.
Key Facts
- Annual employment in the U.S. has grown from 130 million in 2000 to over 155 million in 2022.
- The services sector accounts for the largest share of U.S. employment.
- Unadjusted annual employment data is more stable than monthly figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual basis without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted annual employment figure is a key indicator of the overall size and health of the U.S. labor market, informing economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This unadjusted annual employment figure informs decisions around fiscal, monetary, and labor market policies.
Q: Are there update delays or limitations?
A: The annual employment data is released with a slight delay, but provides a more stable long-term view compared to monthly figures.
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IDBPPRIVSA
Average Hourly Earnings of All Employees: Total Private in Idaho
SMU16000000500000003
Chain-Type Quantity Index for Real GDP: Federal Civilian in Idaho
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Other Services (Except Public Administration) Wages and Salaries in Idaho
IDWOTH
Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU16000000000000001A), retrieved from FRED.