All Employees: Professional and Business Services in Idaho
Annual, Not Seasonally Adjusted
SMU16000006000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.00
Year-over-Year Change
41.75%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted employment level in the United States. It provides valuable insights into long-term employment patterns and trends.
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 people employed in the U.S. economy over a 12-month period. This data is widely used by economists, policymakers, and analysts to assess the overall health and trajectory of the labor market.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The U.S. annual, not seasonally adjusted employment level reached a peak of 157.5 million in 2019.
- Employment levels experienced a sharp decline during the COVID-19 pandemic in 2020.
- The annual data provides a longer-term perspective on employment trends compared to monthly or quarterly figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the United States over a 12-month period, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment level is a crucial indicator of the overall health and performance of the U.S. labor market, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this trend to inform their decisions on economic and monetary policy, as it reflects long-term employment patterns and trends.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is typically published with a short delay, as it requires compiling and aggregating survey results from the preceding 12-month period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU16000006000000001A), retrieved from FRED.