Business Applications: Total for All NAICS in Utah
Seasonally Adjusted
BABATOTALSAUT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,153.00
Year-over-Year Change
5.96%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted employment level tracks the total number of nonfarm payroll jobs in the U.S. economy, adjusted for seasonal variations. This metric is a key indicator of economic health and labor market conditions.
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 level is a measure of total nonfarm employment, with seasonal patterns removed. It provides a clearer picture of underlying trends by accounting for recurring fluctuations, such as those driven by holidays or weather. This series is widely used by economists and policymakers to assess the state of the U.S. labor market.
Methodology
The data is collected through a monthly survey of business establishments and adjusted to remove seasonal variations.
Historical Context
The Seasonally Adjusted employment level is a critical input for monetary and fiscal policy decisions.
Key Facts
- The U.S. economy added 528,000 jobs in July 2022.
- The unemployment rate fell to 3.5% in July 2022.
- Leisure and hospitality sector saw the largest job gains in 2022.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment level tracks the total number of nonfarm payroll jobs in the U.S. economy, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer picture of underlying labor market trends, making it a key indicator of economic health used by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of business establishments and adjusted to remove seasonal variations.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted employment level is a critical input for monetary and fiscal policy decisions made by the Federal Reserve and government.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BABATOTALSAUT), retrieved from FRED.