Monthly, Seasonally Adjusted
SMU72000003133910001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.60
Year-over-Year Change
4.50%
Date Range
1/1/1990 - 12/1/2013
Summary
The Monthly, Seasonally Adjusted employment trend measures the total number of people employed in the private sector in the United States. This key economic indicator is widely used by policymakers and analysts to assess the overall health and direction of the labor market.
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
This series tracks the total number of private nonfarm employees on payrolls, adjusted for seasonal variations. It provides a broad measure of labor market activity and is a leading indicator of economic conditions.
Methodology
The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
The employment trend is a critical input for monetary and fiscal policy decisions by the Federal Reserve and Congress.
Key Facts
- The U.S. private sector employs over 130 million workers.
- Employment levels are a key metric of economic performance.
- This data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted employment trend measures the total number of people employed in the private sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator is widely used by policymakers and analysts to assess the overall health and direction of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment trend is a critical input for monetary and fiscal policy decisions by the Federal Reserve and Congress.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU72000003133910001SA), retrieved from FRED.