Annual, Not Seasonally Adjusted
SMU72000006562000007A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.40
Year-over-Year Change
-4.95%
Date Range
1/1/2001 - 1/1/2012
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the U.S. It provides insight into long-term employment patterns without the influence of seasonal variations.
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 United States over a 12-month period. This metric is useful for analyzing broader labor market trends and making year-over-year comparisons, as it removes the impact of seasonal hiring and layoff patterns.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely used by economists, policymakers, and market analysts to assess the overall health of the U.S. labor market.
Key Facts
- The U.S. employment level reached a record high of 157.5 million in 2019.
- Employment levels experienced a sharp decline during the COVID-19 pandemic in 2020.
- The annual, not seasonally adjusted data helps identify long-term employment patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment level in the United States, providing insight into long-term labor market patterns.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists, policymakers, and market analysts to assess the overall health of the U.S. labor market, as it removes the impact of seasonal hiring and layoff patterns.
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: This employment trend is used by policymakers, economists, and market analysts to evaluate the state of the labor market and inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is typically released with a short delay, but it provides a comprehensive view of long-term employment patterns without the influence of seasonal factors.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU72000006562000007A), retrieved from FRED.