All Employees: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Connecticut
Seasonally Adjusted
SMU09000008081300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.12
Year-over-Year Change
-2.40%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted employment trend measures the monthly changes in the total number of people employed in a particular industry or geographic area, adjusted to account for 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
This data series tracks the seasonally adjusted number of employed persons in a given industry or region. Economists and policymakers use this metric to analyze the underlying labor market conditions by removing the effects of predictable seasonal patterns.
Methodology
The data is collected through monthly surveys of employers and households and adjusted using statistical methods to account for seasonal variations.
Historical Context
Seasonally adjusted employment figures are a key indicator for assessing the overall health of the economy and guiding fiscal and monetary policies.
Key Facts
- Seasonal adjustment removes predictable changes like holidays and weather.
- Seasonally adjusted data provides a clearer picture of underlying economic trends.
- This metric is closely watched by the Federal Reserve and other policymakers.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment trend measures the monthly changes in total employment, with the seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: Seasonally adjusted data provides a more accurate representation of the underlying labor market conditions, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers and households, and then adjusted using statistical methods to account for predictable seasonal patterns.
Q: How is this trend used in economic policy?
A: Seasonally adjusted employment figures are a key indicator used by the Federal Reserve and other policymakers to assess the overall health of the economy and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag, and the seasonal adjustment process may be subject to revisions as more data becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU09000008081300001SA), retrieved from FRED.