All Employees: Construction: Heavy and Civil Engineering Construction in Virginia
Not Seasonally Adjusted
SMU51000002023700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.70
Year-over-Year Change
2.88%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the raw, unadjusted employment levels for a specific geographic area and industry. This data provides insight into the underlying labor market trends without the effects of 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 'Not Seasonally Adjusted' metric represents employment figures that have not been smoothed to account for predictable seasonal variations. Economists and policymakers often analyze this raw data to understand the true underlying changes in the labor market.
Methodology
The data is collected through household and establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is a key input for understanding the health of the labor market and informing economic policies.
Key Facts
- The series is not adjusted for seasonal variations.
- It provides insight into the underlying labor market trends.
- The data is collected through household and establishment surveys.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the raw, unadjusted employment levels for a specific geographic area and industry, without accounting for predictable seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This raw, unadjusted data provides valuable insight into the true underlying changes in the labor market, which is important for economists and policymakers in understanding economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through household and establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is a key input for understanding the health of the labor market and informing economic policies, as it provides a clear picture of the underlying employment levels without the effects of seasonal variations.
Q: Are there update delays or limitations?
A: The 'Not Seasonally Adjusted' data is subject to the same update schedule and limitations as the broader labor market surveys conducted by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU51000002023700001), retrieved from FRED.