Seasonally Adjusted
BUSAPPSAAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,409.00
Year-over-Year Change
70.77%
Date Range
7/1/2004 - 10/1/2020
Summary
The 'Seasonally Adjusted' metric tracks weekly initial claims for unemployment insurance in the United States. This key indicator provides insight into the health of the labor market and broader economic conditions.
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 series is a weekly data release that adjusts the raw initial claims numbers to account for predictable seasonal variations. This enables more accurate identification of underlying trends in job market dynamics.
Methodology
The data is collected and calculated by the U.S. Department of Labor through a survey of state workforce agencies.
Historical Context
Economists and policymakers closely monitor this metric to gauge the strength of the economy and inform decisions.
Key Facts
- Seasonally Adjusted data accounts for recurring events like holidays and weather.
- Initial jobless claims are a leading indicator of broader employment conditions.
- Sustained high levels of claims can signal an economic slowdown or recession.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted metric tracks weekly initial claims for unemployment insurance in the United States.
Q: Why is this trend relevant for users or analysts?
A: This key indicator provides insight into the health of the labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Department of Labor through a survey of state workforce agencies.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to gauge the strength of the economy and inform decisions.
Q: Are there update delays or limitations?
A: The data is released on a weekly basis with minimal delay.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BUSAPPSAAL), retrieved from FRED.