All Employees: Total Nonfarm in Wisconsin
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU55000000000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,040.10
Year-over-Year Change
9.32%
Date Range
1/1/1939 - 1/1/2024
Summary
This annual economic trend measures the total number of persons employed in the United States on a non-seasonally adjusted basis. It is a key indicator of labor market conditions 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 'Thousands of Persons, Annual, Not Seasonally Adjusted' metric tracks the total employment level in the U.S. across all sectors. It is a widely referenced data point used by economists, policymakers, and analysts to assess the health and trajectory of the national economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. employed over 155 million people in 2021.
- Employment levels fluctuate with economic cycles.
- Stable employment is a key driver of consumer spending and GDP growth.
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, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a critical indicator of economic health and activity, providing insights into consumer demand, business investment, and overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this employment trend to inform decisions on monetary policy, economic stimulus, and other measures aimed at promoting stable, sustainable economic growth.
Q: Are there update delays or limitations?
A: The annual, non-seasonally adjusted employment data is released with a short lag, typically within a few months of the end of the calendar year.
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Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU55000000000000001A), retrieved from FRED.