All Employees: Total Private in North Dakota
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU38000000500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
361.00
Year-over-Year Change
3.08%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employed persons in the United States on an annual basis, without seasonal adjustments. It provides valuable insights into the overall health and performance 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 'Thousands of Persons, Annual, Not Seasonally Adjusted' trend represents the total number of employed individuals in the United States, reported on an annual frequency and without any seasonal adjustments. This metric is a key indicator of the country's economic activity and the strength of the labor force.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through comprehensive surveys of households and businesses.
Historical Context
Policymakers and economists closely monitor this trend to assess the state of the U.S. economy and inform decision-making.
Key Facts
- The U.S. employed over 155 million people in 2021.
- Employment levels have fluctuated significantly due to the COVID-19 pandemic.
- The annual, non-seasonally adjusted employment data provides a comprehensive view of the labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual basis, without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The annual, non-seasonally adjusted employment data is a key indicator of the overall health and performance of the U.S. labor market, providing valuable insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through comprehensive surveys of households and businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the state of the U.S. economy and inform decision-making related to fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The annual, non-seasonally adjusted employment data is typically published with a short delay, and may not capture sudden changes in the labor market due to its annual frequency.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU38000000500000001A), retrieved from FRED.