All Employees: Transportation and Utilities: Utilities in Illinois
Seasonally Adjusted
SMU17000004322000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.35
Year-over-Year Change
0.46%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted employment trend measures the monthly change in the total number of non-farm jobs in the United States, adjusted for typical seasonal variations. This metric is a key indicator of the health and growth of the U.S. economy.
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 employment figure provides a clear picture of the underlying employment trend by removing predictable seasonal fluctuations, such as holiday hiring or school-year staffing changes. Economists and policymakers closely monitor this data to assess the strength of the labor market and make informed decisions.
Methodology
The Bureau of Labor Statistics collects employment data from a sample of businesses and government agencies, then applies statistical adjustments to remove seasonal patterns.
Historical Context
The Seasonally Adjusted employment trend is a vital input for monetary and fiscal policy decisions, as well as a closely watched indicator for financial markets.
Key Facts
- The U.S. economy added an average of 194,000 jobs per month in 2022.
- The unemployment rate in the U.S. was 3.5% as of December 2022.
- Nonfarm payroll employment has surpassed its pre-pandemic level.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment trend measures the monthly change in total nonfarm payroll employment in the United States, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clear picture of the underlying employment trend, allowing economists and policymakers to assess the strength of the labor market and make informed decisions.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects employment data from a sample of businesses and government agencies, then applies statistical adjustments to remove seasonal patterns.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted employment trend is a vital input for monetary and fiscal policy decisions, as well as a closely watched indicator for financial markets.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted employment data is released monthly by the Bureau of Labor Statistics, with a typical delay of a few weeks.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU17000004322000001SA), retrieved from FRED.