Monthly, Not Seasonally Adjusted
SMU72000004244200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.60
Year-over-Year Change
5.88%
Date Range
1/1/1990 - 12/1/2022
Summary
This economic indicator measures monthly job hires in the US, providing insights into labor market dynamics and hiring 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 data series tracks the total number of job hires across all industries in the United States on a monthly basis. This metric is a key indicator of labor market activity and can inform economic and policy decisions.
Methodology
The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this data to assess the strength of the labor market and make informed decisions.
Key Facts
- The series measures total job hires across all industries in the US.
- Hiring data is released monthly by the Bureau of Labor Statistics.
- This metric provides insights into labor market trends and hiring activity.
FAQs
Q: What does this economic trend measure?
A: This economic indicator measures the total number of job hires across all industries in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market activity and can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the strength of the labor market and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU72000004244200001), retrieved from FRED.