Not Seasonally Adjusted
CEU3231200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
200.90
Year-over-Year Change
6.24%
Date Range
1/1/1990 - 12/1/2012
Summary
The 'Not Seasonally Adjusted' data series measures employment in the Mining and Logging sector of the U.S. economy. This metric provides insight into the underlying labor market trends without the influence of 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
The Not Seasonally Adjusted data for the Mining and Logging sector reflects the raw employment levels without adjustments for typical seasonal patterns. This allows economists and policymakers to identify underlying changes in labor demand and workforce participation in this industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Mining and Logging employment trend is used to assess the health of the natural resources and extraction industries and their impact on the broader economy.
Key Facts
- The Mining and Logging sector accounts for approximately 0.5% of total U.S. employment.
- Employment in this sector tends to be more volatile than the overall economy.
- Trends in Mining and Logging jobs can signal changes in global commodity prices and demand.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' data series measures employment levels in the Mining and Logging sector of the U.S. economy without adjustments for typical seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the underlying labor market trends in the natural resources and extraction industries, which is crucial for economists and policymakers to assess the health of this sector and its impact on the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in Mining and Logging employment are used by markets, economists, and government institutions to monitor the health of the natural resources and extraction industries and their influence on the overall economy.
Q: Are there update delays or limitations?
A: The Not Seasonally Adjusted data is subject to the same update schedule and potential limitations as the overall Current Employment Statistics survey.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (CEU3231200001), retrieved from FRED.