All Employees: Leisure and Hospitality: Full-Service Restaurants in Alabama
Seasonally Adjusted
SMU01000007072251101SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.48
Year-over-Year Change
6.79%
Date Range
1/1/2002 - 7/1/2025
Summary
The Seasonally Adjusted employment trend measures the monthly employment level for the Leisure and Hospitality sector in the U.S., with seasonal fluctuations removed. This metric is crucial for analyzing labor market health and guiding economic policymaking.
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 Leisure and Hospitality employment data from the U.S. Bureau of Labor Statistics reflects the total number of jobs in this sector, adjusted to account for predictable seasonal variations. This allows economists and policymakers to better identify underlying employment trends.
Methodology
The data is collected through the Current Employment Statistics (CES) survey and adjusted using statistical methods to remove seasonal patterns.
Historical Context
Policymakers and analysts closely monitor this metric to gauge the strength of the services-producing industries and their contribution to the broader U.S. economy.
Key Facts
- Leisure and Hospitality is a major component of the U.S. services sector.
- Employment in this sector is highly sensitive to economic conditions.
- Seasonal adjustment removes predictable fluctuations due to weather, holidays, etc.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Leisure and Hospitality employment trend measures the monthly employment level in this services-producing sector, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health of the U.S. labor market and the broader services-producing industries, guiding economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey and adjusted using statistical methods to remove seasonal patterns.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess the strength of the services sector and its contribution to the overall U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical one-month delay.
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Citation
U.S. Bureau of Labor Statistics, Seasonally Adjusted (SMU01000007072251101SA), retrieved from FRED.