All Employees: Leisure and Hospitality: Accommodation in Arkansas
Seasonally Adjusted
SMU05000007072100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.25
Year-over-Year Change
1.92%
Date Range
1/1/1990 - 7/1/2025
Summary
This series measures the seasonally adjusted unemployment rate in the United States, providing a clear indicator of 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 unemployment rate is a key economic indicator used by policymakers, analysts, and businesses to assess the health of the labor market. It adjusts the raw unemployment data to account for regular seasonal variations, enabling a more accurate evaluation of underlying trends.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate stood at 3.5% in July 2022, near a 50-year low.
- Seasonal adjustments account for regular variations in hiring and layoffs throughout the year.
- The unemployment rate is a leading indicator of economic health and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The seasonally adjusted unemployment rate measures the share of the U.S. labor force that is jobless, with seasonal variations removed to provide a clearer picture of underlying labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of economic performance and is closely monitored by policymakers, businesses, and consumers to assess the strength of the labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics, and then seasonally adjusted to account for regular variations in hiring and layoffs throughout the year.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for the Federal Reserve and other institutions when making monetary policy decisions, as it provides insight into the overall health of the labor market and broader economy.
Q: Are there update delays or limitations?
A: The seasonally adjusted unemployment rate data is published monthly by the Bureau of Labor Statistics, with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU05000007072100001SA), retrieved from FRED.