Monthly, Not Seasonally Adjusted
SMU72000006562100008 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.05
Year-over-Year Change
0.69%
Date Range
1/1/2001 - 12/1/2013
Summary
This U.S. employment trend measures the monthly number of total nonfarm jobs, not seasonally adjusted. It provides a crucial indicator of overall economic activity and labor market conditions.
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 employment data tracks the total number of nonfarm jobs in the United States on a monthly basis without adjusting for typical seasonal variations. This raw data is widely used by economists and policymakers to analyze underlying labor market trends.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of U.S. businesses and government agencies.
Historical Context
This economic indicator is closely monitored for insights into the strength of the overall economy.
Key Facts
- Nonfarm employment makes up around 80% of total U.S. employment.
- The monthly nonfarm jobs report is one of the most closely watched economic indicators.
- This data does not adjust for typical seasonal hiring and layoff patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of nonfarm jobs 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 monthly nonfarm employment data provides a crucial real-time indicator of overall economic activity and labor market conditions, which is closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of U.S. businesses and government agencies.
Q: How is this trend used in economic policy?
A: This employment indicator is a key input for the Federal Reserve and other policymakers in assessing the strength of the economy and guiding decisions on monetary policy and other economic interventions.
Q: Are there update delays or limitations?
A: The monthly nonfarm employment data is released with a slight delay, typically around the first Friday of the following month. It does not adjust for typical seasonal hiring and layoff patterns.
Similar SMU Trends
Literacy Rate, Adult Total for Puerto Rico
SEADTLITRZSPRI
All Employees: Administrative and Support and Waste Management and Remediation Services in Puerto Rico
SMU72000006056000001A
All Employees: Total Private in Puerto Rico
SMS72000000500000001
All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Puerto Rico
SMU72000004142400001A
All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Puerto Rico
SMU72000004244100001
All Employees: Government: State Government Educational Services in Puerto Rico
SMU72000009092161101SA
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU72000006562100008), retrieved from FRED.