All Employees: Total Nonfarm in Illinois
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU17000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,142.00
Year-over-Year Change
6.80%
Date Range
1/1/1947 - 1/1/2024
Summary
This economic trend measures the total annual employment in thousands of persons in the United States, reported on a not seasonally adjusted basis. This provides valuable insights into the overall labor market and economic conditions.
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 trend tracks the total number of employed individuals in the U.S. on a yearly basis, without adjusting for seasonal fluctuations. This metric is widely used by economists and policymakers to analyze labor force participation, productivity, and broader macroeconomic trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This employment trend is a key input for economic policy decisions and market analysis.
Key Facts
- Annual employment reached a high of 157.5 million in 2019.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic.
- The not seasonally adjusted data captures underlying annual trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment in the United States, reported in thousands of persons on a not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides valuable insights into the overall health of the labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: This employment trend is a key input for economic policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The not seasonally adjusted data is released annually with a short delay.
Related Trends
Employment Level for Illinois
EMPLOYIL
Gross Domestic Product: Air Transportation (481) in Illinois
ILAIRTRANNGSP
Real Gross Domestic Product: Water Transportation (483) in Illinois
ILWATTRANRGSP
All Employees: Construction: Heavy and Civil Engineering Construction in Illinois
SMU17000002023700001SA
Personal Consumption Expenditures: Total for Illinois
ILPCE
Personal Consumption Expenditures: Services: Other Services for Illinois
ILPCEOSRV
Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU17000000000000001A), retrieved from FRED.