All Employees: Retail Trade in Mississippi
Annual
SMU28000004200000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.80
Year-over-Year Change
3.97%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the annual average employment level for the state of New York. This key economic indicator provides insight into the labor market and broader economic conditions 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 Annual trend from the U.S. Bureau of Labor Statistics tracks the average employment level over a calendar year for the state of New York. It is a widely-used metric for analyzing long-term employment trends and the overall health of the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of employers.
Historical Context
Policymakers and economists closely monitor the Annual employment trend to inform decisions about economic and workforce development programs.
Key Facts
- New York had an annual average employment of over 9 million in 2021.
- The Annual trend has steadily increased since the 2008-2009 recession.
- Manufacturing jobs account for about 5% of total employment in New York.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average employment level in the state of New York over a full calendar year.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend provides valuable insights into the overall health and direction of New York's economy.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Employment Statistics (CES) survey of employers.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the Annual employment trend to inform decisions about economic and workforce development programs in New York.
Q: Are there update delays or limitations?
A: The Annual trend is published with a lag, typically 2-3 months after the end of the calendar year.
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Citation
U.S. Bureau of Labor Statistics, Annual (SMU28000004200000001A), retrieved from FRED.