Production or Nonsupervisory Employees: Manufacturing in North Carolina
Seasonally Adjusted
SMU37000003000000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
342.58
Year-over-Year Change
0.87%
Date Range
1/1/2001 - 7/1/2025
Summary
The Seasonally Adjusted employment trend measures the monthly change in total nonfarm employment in the United States, with seasonal variations removed. This key economic indicator is closely watched by policymakers and analysts to assess the health of the 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 Seasonally Adjusted employment series adjusts raw employment data to account for regular seasonal patterns, providing a clearer picture of underlying economic trends. It is a widely used metric for evaluating the strength and direction of the U.S. job market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey and adjusted using statistical models to remove seasonal fluctuations.
Historical Context
The Seasonally Adjusted employment trend is a critical input for the Federal Reserve and other policymakers in monitoring economic conditions and informing policy decisions.
Key Facts
- The U.S. added 315,000 jobs in August 2022, exceeding market expectations.
- The unemployment rate remained at 3.7% in August 2022, near historic lows.
- Nonfarm payrolls have increased for 20 consecutive months as of August 2022.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment trend measures the monthly change in total nonfarm employment in the United States, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator is closely watched by policymakers and analysts to assess the health of the labor market and underlying economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey and adjusted using statistical models to remove seasonal fluctuations.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted employment trend is a critical input for the Federal Reserve and other policymakers in monitoring economic conditions and informing policy decisions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted employment data is released monthly by the U.S. Bureau of Labor Statistics, with a typical one-month delay.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU37000003000000006SA), retrieved from FRED.