All Employees: Total Private in Missouri
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU29000000500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,549.50
Year-over-Year Change
12.82%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual number of persons employed in the United States, without seasonal adjustments. It provides valuable insights into the long-term labor market trends and is a key indicator for policymakers and economists.
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 'Thousands of Persons, Annual, Not Seasonally Adjusted' series tracks the total number of employed individuals in the U.S. on an annual basis, excluding seasonal fluctuations. This data point is crucial for understanding the overall health and direction of the labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the strength of the U.S. economy and inform policy decisions.
Key Facts
- The U.S. employed over 155 million people in 2022.
- Employment levels have steadily increased since the 2008 financial crisis.
- The services sector accounts for the largest share of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The annual employment data is a crucial indicator of the overall health and direction of the U.S. labor market, which is a key driver of economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment trend to assess the strength of the economy and inform decisions related to monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a lag of several months, and it does not account for seasonal fluctuations in the labor market.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU29000000500000001A), retrieved from FRED.