All Employees: Education and Health Services: Offices of Physicians in Illinois
Seasonally Adjusted
SMU17000006562110001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.38
Year-over-Year Change
1.35%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures the monthly employment level in the Louisville-Jefferson County, KY-IN metropolitan area, adjusted for seasonal variations. This metric is closely watched by economists to analyze regional employment trends.
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 provides a more accurate picture of employment changes by accounting for recurring seasonal patterns, such as holiday hiring or agricultural cycles. This allows analysts to identify underlying economic trends more effectively.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using statistical models to remove seasonal fluctuations.
Historical Context
Policymakers and investors monitor this and similar regional employment metrics to gauge the strength of local and national labor markets.
Key Facts
- Louisville metro area has over 700,000 employed workers.
- Seasonally Adjusted data shows employment trends over time.
- Metric is used to analyze regional economic performance.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the monthly employment level in the Louisville-Jefferson County, KY-IN metropolitan area, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer picture of underlying employment changes by accounting for recurring seasonal patterns, enabling more accurate analysis of regional labor market trends.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using statistical models to remove seasonal fluctuations from the raw employment figures.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor this and similar regional employment metrics to gauge the strength of local and national labor markets, which informs economic decision-making.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted data is published monthly, with a typical release lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU17000006562110001SA), retrieved from FRED.