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Source: U.S. Bureau of Labor Statistics
Release: Employment Situation
Units: Thousands of Persons, Seasonally Adjusted
Frequency: Monthly
All Employees: Total Nonfarm, commonly known as Total Nonfarm Payroll, is a measure of the number of U.S. workers in the economy that excludes proprietors, private household employees, unpaid volunteers, farm employees, and the unincorporated self-employed. This measure accounts for approximately 80 percent of the workers who contribute to Gross Domestic Product (GDP).
This measure provides useful insights into the current economic situation because it can represent the number of jobs added or lost in an economy. Increases in employment might indicate that businesses are hiring which might also suggest that businesses are growing. Additionally, those who are newly employed have increased their personal incomes, which means (all else constant) their disposable incomes have also increased, thus fostering further economic expansion.
Generally, the U.S. labor force and levels of employment and unemployment are subject to fluctuations due to seasonal changes in weather, major holidays, and the opening and closing of schools. The Bureau of Labor Statistics (BLS) adjusts the data to offset the seasonal effects to show non-seasonal changes: for example, women's participation in the labor force; or a general decline in the number of employees, a possible indication of a downturn in the economy. To closely examine seasonal and non-seasonal changes, the BLS releases two monthly statistical measures: the seasonally adjusted All Employees: Total Nonfarm (PAYEMS) and All Employees: Total Nonfarm (PAYNSA), which is not seasonally adjusted.
The series comes from the 'Current Employment Statistics (Establishment Survey).'
The source code is: CES0000000001
U.S. Bureau of Labor Statistics, All Employees, Total Nonfarm [PAYEMS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PAYEMS, .
Source: Organization for Economic Co-operation and Development
Release: Main Economic Indicators
Units: Persons, Not Seasonally Adjusted
Frequency: Monthly
OECD Data Filters:
REF_AREA: USA
MEASURE: WAP
UNIT_MEASURE: PS
TRANSFORMATION: _Z
ADJUSTMENT: N
SEX: _T
AGE: Y25T54
ACTIVITY: _Z
FREQ: M
All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/. (accessed on (date)).
Organization for Economic Co-operation and Development, Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States [LFWA25TTUSM647N], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/LFWA25TTUSM647N, .
Source: Board of Governors of the Federal Reserve System (US)
Release: H.15 Selected Interest Rates
Units: Percent, Not Seasonally Adjusted
Frequency: Daily
Rate posted by a majority of top 25 (by assets in domestic offices) insured U.S.-chartered commercial banks. Prime is one of several base rates used by banks to price short-term business loans.
For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here.
Board of Governors of the Federal Reserve System (US), Bank Prime Loan Rate [DPRIME], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DPRIME, .
All Employees, Total Nonfarm
Monthly, Not Seasonally AdjustedInfra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States
Annual, Not Seasonally Adjusted Annual, Seasonally Adjusted Monthly, Seasonally Adjusted Quarterly, Not Seasonally Adjusted Quarterly, Seasonally AdjustedBank Prime Loan Rate
Annual, Not Seasonally Adjusted Daily, Not Seasonally Adjusted Monthly, Not Seasonally Adjusted Weekly, Not Seasonally Adjustedmodal open, choose link customization options
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