Monthly, Not Seasonally Adjusted
SMU36000005552311001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.80
Year-over-Year Change
1.20%
Date Range
1/1/2003 - 12/1/2022
Summary
This U.S. employment trend measures monthly, not seasonally adjusted employment levels. It is a key indicator of the overall state of the labor market and economic 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 monthly, not seasonally adjusted employment level provides a raw, unadjusted count of employed persons in the United States. This data is used by economists and policymakers to assess the broader trends and health of the job market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of U.S. businesses and government agencies.
Historical Context
This employment metric informs economic policy decisions and market analysis.
Key Facts
- Employment levels can signal broader economic trends.
- Not seasonally adjusted data shows the raw month-over-month changes.
- This metric is closely watched by policymakers and analysts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, not seasonally adjusted employment level in the United States. It provides a raw count of employed persons without adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted employment data is a key indicator of the overall state of the labor market and broader economic conditions. It informs policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of U.S. businesses and government agencies.
Q: How is this trend used in economic policy?
A: This employment metric is closely watched by policymakers and economists to assess the health of the job market and broader economy, informing economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay. As a raw, unadjusted metric, it may be subject to greater volatility compared to seasonally adjusted figures.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU36000005552311001), retrieved from FRED.