All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Louisiana
Annual, Not Seasonally Adjusted
SMU22000007071000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.00
Year-over-Year Change
2.19%
Date Range
1/1/1990 - 1/1/2024
Summary
This annual, not seasonally adjusted series measures the total number of employees in the United States. It provides valuable insights into the country's 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 total nonfarm employment series represents the total number of people employed across all industries in the U.S., excluding agricultural workers. It is a key indicator of economic activity and a crucial data point for policymakers, economists, and analysts.
Methodology
The data is collected through a monthly survey of employers conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely used to assess the strength of the U.S. economy and inform policy decisions.
Key Facts
- The U.S. had over 155 million nonfarm employees as of the latest data.
- Employment levels are a crucial factor in determining the health of the economy.
- The total nonfarm employment series is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of people employed in the United States, excluding agricultural workers. It provides a comprehensive view of the country's overall labor market and economic activity.
Q: Why is this trend relevant for users or analysts?
A: The total nonfarm employment trend is a key economic indicator that helps policymakers, economists, and analysts assess the strength and direction of the U.S. economy. It is widely used to inform economic policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Changes in total nonfarm employment are closely monitored by the Federal Reserve and other policymakers to gauge the overall health of the labor market and the broader economy. This information is used to inform monetary policy decisions and other economic interventions.
Q: Are there update delays or limitations?
A: The total nonfarm employment data is released monthly by the Bureau of Labor Statistics, with a typical delay of a few weeks. While the data provides a comprehensive view of the labor market, it may not capture some seasonal or regional variations in employment patterns.
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Citation
U.S. Federal Reserve, Total Nonfarm Payrolls, Not Seasonally Adjusted (SMU22000007071000001A), retrieved from FRED.