All Employees: Other Services in Missouri
Annual
SMU29000008000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.60
Year-over-Year Change
-0.96%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend represents the annual average of total nonfarm employment in the United States. It is a key indicator of the overall health and growth 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 series measures the average number of persons on nonfarm payrolls across the 12 months of a calendar year. It provides a comprehensive view of national employment levels and trends over time, which is essential for policymakers and economic analysts.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual employment trend is closely watched by the Federal Reserve and other government agencies as they evaluate the strength of the economy and consider policy decisions.
Key Facts
- The Annual series covers all nonfarm payroll jobs, including private sector and government employees.
- Annual employment data is released monthly by the Bureau of Labor Statistics.
- The Annual trend helps identify long-term patterns in U.S. job creation and overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average number of persons employed on nonfarm payrolls across all 12 months of a calendar year.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a crucial indicator of the overall health and growth of the U.S. labor market, which is essential for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual employment trend is closely monitored by the Federal Reserve and other government agencies as they evaluate the strength of the economy and consider monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Annual employment data is released monthly by the Bureau of Labor Statistics, with a typical delay of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Annual (SMU29000008000000001A), retrieved from FRED.