All Employees: Government in Louisiana
Annual, Not Seasonally Adjusted
SMU22000009000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
321.60
Year-over-Year Change
-8.51%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the total number of non-farm jobs in the United States on an annual basis without adjusting for seasonal fluctuations. This metric is a key indicator of overall economic activity and labor market health.
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
This annual employment series provides a comprehensive view of the US job market, tracking the total number of non-agricultural positions across all industries. Economists and policymakers analyze this data to assess broader macroeconomic conditions and make informed decisions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly sampling of businesses and government agencies conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in total non-farm employment are closely watched by the Federal Reserve, Congress, and private sector analysts as a barometer of economic performance and a guide for monetary and fiscal policy.
Key Facts
- The U.S. had over 151 million non-farm jobs in 2022.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- Job growth tends to accelerate during periods of economic expansion.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series tracks the total number of non-farm jobs in the United States on a yearly basis without adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of overall economic health and activity, providing important context for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted monthly by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in total non-farm employment are closely monitored by the Federal Reserve, Congress, and private analysts as a barometer of economic performance and a guide for monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the release of annual non-farm employment data as the Bureau of Labor Statistics compiles and validates the survey results.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU22000009000000001A), retrieved from FRED.