All Employees: Other Services in Wisconsin
Annual, Not Seasonally Adjusted
SMU55000008000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.90
Year-over-Year Change
6.60%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the United States. It provides important insights into long-term workforce and labor market trends.
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 jobs in the U.S. over a 12-month period without adjusting for typical seasonal hiring and layoff patterns. This metric offers a more unvarnished view of broader employment changes compared to seasonally adjusted data.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is closely monitored by policymakers, economists, and market analysts to gauge the health and direction of the overall labor market.
Key Facts
- The annual employment level averaged 147.8 million in 2021.
- Employment fell sharply in 2020 due to the COVID-19 pandemic.
- This metric does not adjust for typical seasonal hiring patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States over a 12-month period, without adjusting for typical seasonal fluctuations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment level provides a more unvarnished view of broader labor market changes compared to seasonally adjusted data, making it a valuable indicator for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment metric is closely monitored by policymakers to gauge the overall health and direction of the labor market, which informs decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU55000008000000001A), retrieved from FRED.