All Employees, Total Nonfarm-All Employees, Manufacturing-All Employees, Construction-All Employees, Retail Trade

NOTES

Source: U.S. Bureau of Labor Statistics

Units: Thousands of Persons, 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: CES0000000001

Suggested Citation:

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, .

All Employees, Manufacturing (MANEMP)

Source: U.S. Bureau of Labor Statistics

Release: Employment Situation

Units: Thousands of Persons, Seasonally Adjusted

Frequency: Monthly

Notes:

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES3000000001

Suggested Citation:

U.S. Bureau of Labor Statistics, All Employees, Manufacturing [MANEMP], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MANEMP, .

All Employees, Construction (USCONS)

Source: U.S. Bureau of Labor Statistics

Release: Employment Situation

Units: Thousands of Persons, Seasonally Adjusted

Frequency: Monthly

Notes:

Construction employees in the construction sector include: Working supervisors, qualified craft workers, mechanics, apprentices, helpers, laborers, and so forth, engaged in new work, alterations, demolition, repair, maintenance, and the like, whether working at the site of construction or in shops or yards at jobs (such as precutting and preassembling) ordinarily performed by members of the construction trades.

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES2000000001

Suggested Citation:

U.S. Bureau of Labor Statistics, All Employees, Construction [USCONS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/USCONS, .

All Employees, Retail Trade (USTRADE)

Source: U.S. Bureau of Labor Statistics

Release: Employment Situation

Units: Thousands of Persons, Seasonally Adjusted

Frequency: Monthly

Notes:

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES4200000001

Suggested Citation:

U.S. Bureau of Labor Statistics, All Employees, Retail Trade [USTRADE], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/USTRADE, .