All Employees: Mining, Logging, and Construction in Utah
Annual, Not Seasonally Adjusted
SMU49000001500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.10
Year-over-Year Change
83.27%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted employment level in the United States. It provides a snapshot of the overall labor market and economic activity.
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, not seasonally adjusted employment level tracks the total number of people employed in the U.S. on a yearly basis without adjusting for seasonal fluctuations. This metric is a key indicator of the health and direction of the broader economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to gauge the strength of the labor market and make informed decisions.
Key Facts
- The annual, not seasonally adjusted employment level reached a peak of 155.9 million in 2019.
- Employment levels dropped sharply in 2020 due to the COVID-19 pandemic.
- This metric is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment level is a key indicator of the health and direction of the broader economy, providing insight into overall labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to gauge the strength of the labor market and make informed decisions about economic and monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU49000001500000001A), retrieved from FRED.