All Employees: Financial Activities: Real Estate and Rental and Leasing in Arizona
Not Seasonally Adjusted
SMU04000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.00
Year-over-Year Change
0.85%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures employment without seasonal adjustments. It provides insight into the raw, underlying trends in 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
This series represents total nonfarm employment counts for the United States, without the typical seasonal adjustments applied. It offers a more transparent view of employment fluctuations compared to the seasonally adjusted data.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
The unadjusted employment data is used by economists and policymakers to understand the true pattern of labor market changes.
Key Facts
- The data is released monthly by the Bureau of Labor Statistics.
- It covers total nonfarm employment, including both private and government sectors.
- Unadjusted data can show stronger seasonal patterns compared to seasonally adjusted figures.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures total nonfarm employment in the United States without applying seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted employment data provides a more transparent view of underlying labor market trends, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unadjusted employment figures are used by economists and policymakers to understand the true pattern of labor market changes, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with the same update schedule as the seasonally adjusted employment figures.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU04000005553000001), retrieved from FRED.