All Employees: Construction: Construction of Buildings in Puerto Rico
Annual, Not Seasonally Adjusted
SMU72000002023600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.30
Year-over-Year Change
-3.89%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the United States. It provides insight into long-term employment patterns and is a key indicator for policymakers and economists.
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 employed persons in the U.S. on an annual basis, without adjusting for seasonal fluctuations. This raw data is useful for understanding broader employment trends over time, as opposed to month-to-month changes.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the health of the U.S. labor market.
Key Facts
- The annual employment level in the U.S. was over 158 million in 2022.
- This trend has shown steady growth over the past decade, with some dips during recessions.
- Tracking annual employment is crucial for understanding long-term labor market dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment level provides important insights into long-term employment patterns and the overall health of the U.S. labor market.
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: Policymakers and economists closely monitor this trend to assess the labor market and inform decisions on economic and workforce policies.
Q: Are there update delays or limitations?
A: There may be some delay in the release of the annual, not seasonally adjusted employment data, but it provides a comprehensive view of long-term employment patterns.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU72000002023600001A), retrieved from FRED.