All Employees: Leisure and Hospitality in Idaho
Annual, Not Seasonally Adjusted
SMU16000007000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.20
Year-over-Year Change
53.92%
Date Range
1/1/1990 - 1/1/2024
Summary
This annual, not seasonally adjusted economic trend measures the total number of private nonfarm employment in the United States. It 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, Not Seasonally Adjusted private nonfarm employment data represents the total number of workers in the U.S. private sector, excluding government and farm workers. This broad metric is widely used by economists and policymakers to analyze employment trends and the broader state of the economy.
Methodology
The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The private nonfarm employment trend is a key indicator tracked by the Federal Reserve, financial markets, and economic analysts to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. had over 130 million private nonfarm employees as of the latest data.
- Private sector employment accounts for over 80% of total U.S. employment.
- Private nonfarm jobs have grown by over 15% since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of private nonfarm employees in the United States, providing insight into the overall size and health of the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: The private nonfarm employment data is a key indicator used by economists, policymakers, and financial analysts to assess the strength of the U.S. economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The private nonfarm employment trend is closely tracked by the Federal Reserve, financial markets, and economic analysts to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The private nonfarm employment data is released monthly with a brief lag, providing timely insight into the state of the U.S. labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU16000007000000001A), retrieved from FRED.