All Employees: Government: State Government in Connecticut
Seasonally Adjusted
SMS09000009092000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.80
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series tracks the monthly change in the number of non-farm job hires in the U.S. It provides insight into the underlying labor market trends by removing seasonal fluctuations.
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 non-farm hires metric is a key indicator of the overall strength of the U.S. labor market. It helps economists and policymakers understand the broader hiring patterns beyond typical seasonal variations.
Methodology
The data is collected and adjusted by the U.S. Bureau of Labor Statistics using statistical methods to remove seasonal effects.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic analysts to assess the health of the labor market and inform policy decisions.
Key Facts
- The U.S. non-farm sector employs over 150 million people.
- Seasonal hiring fluctuations can mask underlying labor market trends.
- Sustained increases in Seasonally Adjusted hires signal a strengthening economy.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted non-farm hires metric tracks the monthly change in the number of new hires, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides a clearer picture of the labor market's underlying health, allowing economists and policymakers to better assess economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics and adjusted using statistical methods to remove seasonal effects.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted hires trend is closely monitored by the Federal Reserve and other institutions to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical 1-2 month lag. The seasonal adjustment process may not fully capture all variations in hiring patterns.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMS09000009092000001), retrieved from FRED.