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NOTES

Source: U.S. Bureau of Labor Statistics  

Release: State Employment and Unemployment  

Units:  Thousands of Persons, Not Seasonally Adjusted

Frequency:  Monthly

Suggested Citation:

U.S. Bureau of Labor Statistics, All Employees: Total Nonfarm in Flint, MI (MSA) [FLIN426NAN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FLIN426NAN, June 30, 2022.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Thousands of Persons, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

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: CEU0000000001

Suggested Citation:

U.S. Bureau of Labor Statistics, All Employees, Total Nonfarm [PAYNSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PAYNSA, June 30, 2022.

Source: U.S. Bureau of Economic Analysis  

Release: Personal Income by County and Metropolitan Area  

Units:  Dollars, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Personal income is the income that is received by persons from all sources. It is calculated as the sum of wages and salaries, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. This measure of income is calculated as the personal income of the residents of a given area divided by the resident population of the area. In computing per capita personal income, BEA uses the Census Bureau's annual midyear population estimates.

Suggested Citation:

U.S. Bureau of Economic Analysis, Per Capita Personal Income in Genesee County, MI [PCPI26049], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PCPI26049, June 30, 2022.

Source: U.S. Bureau of Economic Analysis  

Release: Gross Domestic Product  

Units:  Dollars, Not Seasonally Adjusted

Frequency:  Annual

Notes:

BEA Account Code: A792RC

For more information about this series, please see http://www.bea.gov/national/.

Suggested Citation:

U.S. Bureau of Economic Analysis, Personal income per capita [A792RC0A052NBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/A792RC0A052NBEA, June 30, 2022.

Source: U.S. Bureau of Economic Analysis  

Release: Personal Income by County and Metropolitan Area  

Units:  Dollars, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Personal income is the income that is received by persons from all sources. It is calculated as the sum of wages and salaries, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. This measure of income is calculated as the personal income of the residents of a given area divided by the resident population of the area. In computing per capita personal income, BEA uses the Census Bureau's annual midyear population estimates.

Suggested Citation:

U.S. Bureau of Economic Analysis, Per Capita Personal Income in Kent County, MI [PCPI26081], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PCPI26081, June 30, 2022.

Source: U.S. Census Bureau  

Release: Annual Estimates of the Population for Counties  

Units:  Thousands of Persons, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Data for "Resident Population" are estimates as of July 1. Data for 1970, 1980, 1990, and 2000 are annual census.

Population estimates are updated annually using current data on births, deaths, and migration to calculate population change since the most recent decennial census. The annual time series of estimates begins with the most recent decennial census data and extends to the vintage year. Each vintage of estimates includes all years since the most recent decennial census.

Suggested Citation:

U.S. Census Bureau, Resident Population in Kent County, MI [MIKENT1POP], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MIKENT1POP, June 30, 2022.

Source: World Bank  

Release: World Development Indicators  

Units:  Persons, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship--except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin. The values shown are midyear estimates.

Source Code: SP.POP.TOTL

Suggested Citation:

World Bank, Population, Total for United States [POPTOTUSA647NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/POPTOTUSA647NWDB, June 30, 2022.

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