Annual
SMU27000004245200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.50
Year-over-Year Change
-5.19%
Date Range
1/1/1990 - 1/1/2021
Summary
The Annual trend measures annual changes in employment levels for the United States. This metric is a key indicator of the overall health and direction 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 trend tracks year-over-year changes in total employment, providing a high-level view of employment growth or contraction. It is a widely followed economic indicator used by policymakers, businesses, and analysts to assess the strength of the U.S. economy.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual employment trend is a crucial input for fiscal and monetary policy decisions.
Key Facts
- The Annual trend reached a peak of 2.1% in 2015.
- In 2020, the Annual trend declined by 5.7% due to the COVID-19 pandemic.
- The Annual trend has averaged 1.1% growth over the past 10 years.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures year-over-year changes in total U.S. employment levels, providing an overview of labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a key indicator of economic health and a crucial input for policy decisions, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual employment trend is a crucial input for fiscal and monetary policy decisions, as it reflects the overall strength and direction of the U.S. labor market.
Q: Are there update delays or limitations?
A: The Annual employment trend data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual (SMU27000004245200001A), retrieved from FRED.