All Employees: Professional and Business Services: Employment Services in Virginia
Seasonally Adjusted
SMU51000006056130001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.72
Year-over-Year Change
-2.34%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series tracks monthly changes in state-level employment levels, adjusting for typical seasonal variations.
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 economic indicator provides insights into the underlying labor market trends within a state by removing the effects of recurring seasonal patterns. It is a key metric used by economists and policymakers to analyze state-level employment dynamics.
Methodology
The data is collected and adjusted by the U.S. Bureau of Labor Statistics.
Historical Context
Analyzing seasonally adjusted state employment figures helps inform economic policy decisions and business planning.
Key Facts
- Seasonal adjustment removes predictable changes like holiday hiring.
- Seasonally adjusted data better reflects underlying economic conditions.
- The adjustments are reviewed and updated monthly by the BLS.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series tracks monthly changes in state-level employment levels, removing the effects of typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Analyzing seasonally adjusted employment data provides a clearer picture of underlying labor market trends, helping inform economic policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected and adjusted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Seasonally adjusted state employment figures are used by economists and policymakers to assess labor market health and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The seasonally adjusted data is updated monthly by the BLS, though there may be a brief delay in the most recent figures being published.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU51000006056130001SA), retrieved from FRED.