Monthly, Not Seasonally Adjusted
SMU72000007072000008 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.62
Year-over-Year Change
0.70%
Date Range
1/1/2001 - 12/1/2013
Summary
This series measures the monthly employment level in the Private sector in the United States, without seasonal adjustments. It provides important insights into the underlying trends and patterns of the U.S. 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 Private Sector Employment (Not Seasonally Adjusted) series tracks the total number of individuals employed in the private sector of the U.S. economy on a monthly basis. This metric is widely used by economists and policymakers to analyze the strength and dynamics of the job market.
Methodology
The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- Private sector accounts for approximately 84% of total U.S. employment.
- Employment in the private sector has experienced steady growth since the Great Recession.
- The not seasonally adjusted data can capture unique seasonal patterns in private sector hiring.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of individuals employed in the private sector of the U.S. economy on a monthly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The private sector employment trend provides important insights into the strength and dynamics of the U.S. labor market, which is a key indicator of economic health and performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Private Sector Employment (Not Seasonally Adjusted) (SMU72000007072000008), retrieved from FRED.