Monthly, Seasonally Adjusted
This dataset tracks monthly, seasonally adjusted over time.
Latest Value
4836000.00
Year-over-Year Change
2.72%
Date Range
1/1/2010 - 7/1/2025
Summary
Tracks monthly service sector employment in non-essential industries. Provides critical insights into labor market dynamics and economic health.
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 metric measures employment trends in service sectors outside core essential industries. It helps economists understand broader economic shifts.
Methodology
Data collected through Bureau of Labor Statistics monthly establishment surveys.
Historical Context
Used by policymakers to assess economic recovery and labor market resilience.
Key Facts
- Seasonally adjusted to remove predictable annual variations
- Reflects non-essential service sector employment patterns
- Critical for understanding economic transitions
FAQs
Q: What does this employment metric indicate?
A: It shows employment trends in non-essential service industries. Helps track economic adaptability.
Q: How often is this data updated?
A: Monthly updates provide current labor market insights. Seasonally adjusted for accuracy.
Q: Why are non-essential services important?
A: They represent significant economic activity beyond core industries. Indicate economic diversity.
Q: How do economists use this data?
A: To assess economic health, predict trends, and understand labor market transformations.
Q: Are seasonal adjustments necessary?
A: Yes, they remove predictable fluctuations for more accurate trend analysis.
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Citation
U.S. Federal Reserve, Monthly Seasonally Adjusted (ADPMINDOTHSRVNERSA), retrieved from FRED.