All Employees: Leisure and Hospitality: Food Services and Drinking Places in Puerto Rico
Seasonally Adjusted
SMU72000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.25
Year-over-Year Change
3.45%
Date Range
1/1/1990 - 6/1/2025
Summary
The Seasonally Adjusted unemployment rate measures the national unemployment rate with seasonal fluctuations removed, providing a clearer picture of underlying labor market trends.
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 series adjusts the total unemployment rate to account for seasonal variations in hiring and layoffs, such as those driven by weather, holidays, and other recurring factors. It is a key metric used by economists and policymakers to evaluate the health of the U.S. labor market.
Methodology
The U.S. Bureau of Labor Statistics collects raw unemployment data and applies statistical models to remove seasonal patterns.
Historical Context
Policymakers at the Federal Reserve and other institutions rely on the seasonally adjusted unemployment rate to inform monetary and fiscal policies.
Key Facts
- The seasonally adjusted unemployment rate excludes temporary, recurring changes.
- Policymakers use this metric to gauge the true state of the job market.
- The data is published monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted unemployment rate measures the national unemployment rate with seasonal fluctuations removed, providing a clearer picture of underlying labor market trends.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to evaluate the true health of the U.S. labor market, as it removes the impact of recurring seasonal factors.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects raw unemployment data and applies statistical models to remove seasonal patterns.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions rely on the seasonally adjusted unemployment rate to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics with minimal delays.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU72000007072200001SA), retrieved from FRED.