Seasonally Adjusted
SMU72000004244600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.75
Year-over-Year Change
0.67%
Date Range
1/1/1990 - 12/1/2022
Summary
The Seasonally Adjusted employment data measures the monthly changes in non-farm employment, adjusted for seasonal variations. This metric is a key indicator of the overall health and direction 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 employment series removes predictable calendar-related fluctuations, providing a clearer picture of underlying labor market trends. Economists and policymakers closely monitor this data to assess economic performance and inform policy decisions.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Seasonally Adjusted employment figures are widely used to analyze the state of the labor market and overall economic conditions.
Key Facts
- Seasonally Adjusted data adjusts for predictable calendar events like holidays and weather patterns.
- This metric provides a clearer picture of underlying economic trends compared to raw employment data.
- The U.S. Bureau of Labor Statistics collects the employment data through business and household surveys.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment data measures monthly changes in non-farm employment, with adjustments made for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more accurate representation of underlying labor market trends, allowing economists and policymakers to better assess the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Seasonally Adjusted employment figures are widely used to analyze the state of the labor market and overall economic conditions, informing policy decisions by governments and central banks.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted employment data is released monthly by the U.S. Bureau of Labor Statistics, with some delay relative to the reference period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU72000004244600001SA), retrieved from FRED.