All Employees: Mining, Logging, and Construction in Louisiana
Annual, Not Seasonally Adjusted
SMU22000001500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169.30
Year-over-Year Change
-7.18%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual not seasonally adjusted employment level in the United States. It provides important insight into long-term labor market trends for economists and policymakers.
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 data represents the total number of employed persons in the U.S. over a 12-month period, without adjusting for typical seasonal variations. This metric offers a raw, unfiltered view of year-over-year employment changes that can inform analyses of the underlying strength of the labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by the Federal Reserve, government agencies, and private analysts to assess the health of the broader economy.
Key Facts
- Annual employment in the U.S. reached a record high of 157.5 million in 2019.
- Employment levels experienced a sharp decline during the COVID-19 pandemic in 2020.
- The not seasonally adjusted data provides a more transparent view of long-term employment changes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States over a 12-month period, without adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The not seasonally adjusted employment data offers a raw, unfiltered view of year-over-year changes in the labor market, which is crucial for understanding the underlying strength of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual, Not Seasonally Adjusted employment trend is closely monitored by the Federal Reserve, government agencies, and private analysts to assess the health of the broader economy and inform policy decisions.
Q: Are there update delays or limitations?
A: There may be a slight delay in the availability of the most recent data, as it is based on the monthly Current Population Survey conducted by the Census Bureau.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU22000001500000001A), retrieved from FRED.