Monthly, Not Seasonally Adjusted
SMU72000006562100007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.80
Year-over-Year Change
0.00%
Date Range
1/1/2001 - 12/1/2013
Summary
This trend measures monthly employment levels for the total private sector in the United States, without adjusting for seasonal variations. It provides insights into the underlying strength 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
The monthly, not seasonally adjusted private sector employment series tracks the total number of employees across private businesses and organizations in the U.S. This unadjusted data is useful for analyzing employment patterns and trends over time, independent of typical seasonal fluctuations.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey of businesses and organizations.
Historical Context
This employment metric is closely monitored by policymakers, economists, and market analysts to gauge the health of the broader economy.
Key Facts
- The private sector accounts for over 80% of total U.S. employment.
- Employment levels typically exhibit seasonal fluctuations throughout the year.
- This data series goes back to 1939 and is updated monthly by the BLS.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees across private businesses and organizations in the United States on a monthly basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted private sector employment data provides insights into the underlying strength of the labor market, independent of typical seasonal patterns. This is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey of businesses and organizations.
Q: How is this trend used in economic policy?
A: This employment metric is a key input for policymakers, economists, and market analysts to gauge the health of the broader economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly by the Bureau of Labor Statistics and goes back to 1939, providing a long-term historical perspective on private sector employment trends.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU72000006562100007), retrieved from FRED.