Monthly, Not Seasonally Adjusted
SMU27000004245300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.90
Year-over-Year Change
2.38%
Date Range
1/1/1990 - 12/1/2022
Summary
This economic trend measures the total employment in the state of New Jersey on a monthly basis, without adjusting for seasonal variations. It provides insights into the overall employment dynamics within the state.
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 monthly, not seasonally adjusted employment data for New Jersey offers a raw snapshot of the state's labor market conditions. It is used by economists, policymakers, and analysts to assess the underlying trends in employment levels and identify potential areas of strength or weakness in the state's economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the current state of New Jersey's labor market and informing economic policy decisions.
Key Facts
- New Jersey has a diverse economy with a mix of industries.
- Employment levels in the state fluctuate throughout the year due to seasonal factors.
- The not seasonally adjusted data provides a raw view of employment changes over time.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment in the state of New Jersey on a monthly basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The not seasonally adjusted employment data for New Jersey provides insights into the underlying trends in the state's labor market, which is useful for economists, policymakers, and analysts in assessing the current state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the current state of New Jersey's labor market and informing economic policy decisions at the state level.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a short delay in the release of the latest figures.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU27000004245300001), retrieved from FRED.