All Employees: Total Private in Puerto Rico
Thousands of Persons, Annual, Not Seasonally Adjusted
SMU72000000500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
753.10
Year-over-Year Change
10.59%
Date Range
1/1/1990 - 1/1/2024
Summary
This annual, non-seasonally adjusted series measures total employment in thousands of persons. It provides a high-level overview of broad labor market trends and is a key economic indicator used by policymakers and analysts.
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' series tracks the total number of employed persons in the United States on an annual basis. This metric gives economists and policymakers insight into the overall health and growth of the labor market.
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 150 million people in 2021.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- Job growth is a key indicator of economic expansion and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of employed persons 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 growth, providing insights into consumer demand, business activity, and labor market dynamics.
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: This employment metric is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy and broader economic interventions.
Q: Are there update delays or limitations?
A: This annual, non-seasonally adjusted series is published with a relatively short lag, making it a timely indicator of labor market conditions.
Related Trends
All Employees: Education and Health Services: Private Elementary and Secondary Schools in Puerto Rico
SMU72000006561110001
All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Puerto Rico
SMU72000004142300001SA
All Employees: Retail Trade: Food and Beverage Retailers in Puerto Rico
SMU72000004244500001SA
Unemployed Persons in Puerto Rico
LASST720000000000004
All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Puerto Rico
SMU72000004244400001SA
Civilian Labor Force in Puerto Rico
PRLFN
Citation
U.S. Federal Reserve, Thousands of Persons, Annual, Not Seasonally Adjusted (SMU72000000500000001A), retrieved from FRED.