All Employees: Leisure and Hospitality: Accommodation in Maryland
Seasonally Adjusted
SMU24000007072100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.91
Year-over-Year Change
-0.42%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures the monthly employment levels in the United States, adjusted for seasonal variations. This data is crucial for economists and policymakers to understand underlying 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 removes the impact of regular, predictable seasonal patterns in employment, such as holiday hiring or weather-related changes. This allows analysts to better identify fundamental shifts in the labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey and adjusted using statistical models.
Historical Context
Seasonally adjusted employment data informs decisions around economic and workforce policies.
Key Facts
- Seasonally adjusted data is used to identify long-term trends.
- The series covers total nonfarm employment in the United States.
- Monthly employment levels are adjusted for predictable seasonal variations.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures monthly employment levels in the United States, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: Seasonally adjusted employment data is crucial for identifying underlying labor market trends and informing economic and workforce policies.
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 seasonal patterns.
Q: How is this trend used in economic policy?
A: Seasonally adjusted employment data informs decisions around economic and workforce policies, as it helps identify fundamental shifts in the labor market.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical delay of 1-2 weeks from the reference period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU24000007072100001SA), retrieved from FRED.