All Employees: Government: Local Government Educational Services in Illinois
Seasonally Adjusted
SMU17000009093161101SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
366.44
Year-over-Year Change
-0.55%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted economic trend measures employment changes in the mining industry, adjusted for regular seasonal variations. It is a key indicator of the health and activity of the U.S. mining sector.
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 for the mining industry provides a more accurate representation of underlying employment trends by accounting for seasonal fluctuations, allowing analysts to identify meaningful changes in economic activity.
Methodology
The data is collected through the Current Employment Statistics (CES) survey and adjusted using statistical models to remove predictable seasonal patterns.
Historical Context
This metric is widely used by policymakers, economists, and industry participants to assess the performance and outlook of the U.S. mining sector.
Key Facts
- Mining employs over 600,000 workers in the U.S.
- The mining industry accounts for around 0.5% of total U.S. GDP.
- Seasonal adjustment is critical for accurate analysis of mining employment trends.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series for the mining industry measures changes in employment levels, with the data adjusted to remove predictable seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer picture of underlying trends in the mining sector, allowing for more accurate assessment of the industry's performance and outlook.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey and adjusted using statistical models to remove predictable seasonal patterns.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry participants closely monitor this metric to gauge the health and activity of the U.S. mining sector, which is an important part of the overall economy.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted mining employment data is published monthly, with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU17000009093161101SA), retrieved from FRED.