Annual, Not Seasonally Adjusted
SMU72000006054110001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.40
Year-over-Year Change
-3.57%
Date Range
1/1/1990 - 1/1/2012
Summary
This annual, not seasonally adjusted economic indicator measures total nonfarm employment levels in the United States. It provides important insights into labor market trends and the overall health of the U.S. economy.
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 series tracks the total number of nonfarm jobs in the U.S. on a yearly basis without adjusting for seasonal fluctuations. This metric is widely used by economists, policymakers, and market analysts to assess long-term employment patterns and broader macroeconomic conditions.
Methodology
The data is collected through surveys of U.S. businesses and establishments by the Bureau of Labor Statistics.
Historical Context
This annual employment trend informs economic and policy decisions related to the labor market, consumer spending, and overall economic growth.
Key Facts
- The U.S. had over 151 million nonfarm jobs in 2021.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic.
- The services sector accounts for the majority of nonfarm jobs in the U.S.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of nonfarm jobs in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into long-term employment patterns and the overall health of the U.S. labor market, which are crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and establishments by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This annual employment trend informs economic and policy decisions related to the labor market, consumer spending, and overall economic growth.
Q: Are there update delays or limitations?
A: The data is published annually with a brief delay, and does not account for seasonal employment fluctuations.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU72000006054110001A), retrieved from FRED.