All Employees: Leisure and Hospitality: Accommodation in Rhode Island
Seasonally Adjusted
SMU44000007072100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.68
Year-over-Year Change
6.49%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures the monthly total nonfarm employment level in the United States, adjusted for typical seasonal variations. This metric is a key indicator of the health and growth of the U.S. economy.
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 total nonfarm employment level tracks the total number of paid employees in the United States, excluding farm workers, private household employees, and nonprofit organization employees. This data series is seasonally adjusted to account for recurring employment patterns over the course of a year.
Methodology
The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor this metric to assess economic performance and guide decisions.
Key Facts
- The U.S. had over 152 million nonfarm jobs as of the latest report.
- Seasonal adjustments account for factors like holiday hiring and weather impacts.
- Employment levels are a key metric used to evaluate the strength of the economy.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series tracks the monthly total nonfarm employment level in the United States, adjusted to account for typical seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a crucial indicator of economic health and growth, so this metric is closely watched by policymakers, economists, and investors to assess the strength of the U.S. labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this employment data to guide decisions on interest rates, stimulus measures, and other policies aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted nonfarm employment data is published monthly with a short delay, providing timely insights on the state of the U.S. labor market.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU44000007072100001SA), retrieved from FRED.