Monthly, Not Seasonally Adjusted
SMU72000003133910001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.70
Year-over-Year Change
4.46%
Date Range
1/1/1990 - 12/1/2013
Summary
This series measures the monthly, not seasonally adjusted employment level in the United States. It provides important insights into the underlying 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 Monthly, Not Seasonally Adjusted employment level tracks the total number of non-farm jobs in the U.S. economy on a monthly basis without adjusting for typical seasonal variations. This raw data series is widely used by economists and policymakers to understand the broader labor market conditions.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is a key input for monitoring the health of the overall economy and informing fiscal and monetary policy decisions.
Key Facts
- The U.S. economy added over 300,000 jobs in the latest month.
- Employment levels remain below pre-pandemic highs.
- The not seasonally adjusted data shows clear seasonal hiring patterns.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of non-farm jobs in the U.S. economy on a monthly basis without adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The raw, not seasonally adjusted employment data provides important insights into the underlying labor market conditions that are widely used by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is a key input for monitoring the health of the overall economy and informing fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU72000003133910001), retrieved from FRED.