All Employees: Total Nonfarm in Utah
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU49000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,744.40
Year-over-Year Change
39.52%
Date Range
1/1/1939 - 1/1/2024
Summary
This economic trend measures the total annual employment in thousands of persons for the United States on a non-seasonally adjusted basis. It provides insight into long-term employment patterns and labor market dynamics.
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 tracks the total number of employed individuals in the U.S. over a calendar year. This key metric helps economists and policymakers assess 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 employment trend is widely used to inform economic policy decisions and monitor workforce participation.
Key Facts
- The U.S. employed over 158 million people in 2021.
- Employment levels fluctuate with economic cycles.
- Stable employment is a key indicator of economic health.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment in the United States in thousands of persons on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides important insights into the overall health and direction of the U.S. labor market, which is a key factor in economic policy and decision-making.
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 inform decisions on fiscal, monetary, and labor market policies.
Q: Are there update delays or limitations?
A: The employment data is published annually with a short delay, and may not capture all seasonal or short-term fluctuations in the labor market.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU49000000000000001A), retrieved from FRED.