All Employees: Leisure and Hospitality: Accommodation in Mississippi
Seasonally Adjusted
SMU28000007072100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.21
Year-over-Year Change
-0.21%
Date Range
1/1/2001 - 7/1/2025
Summary
The Seasonally Adjusted employment series measures the monthly changes in employment, adjusted for typical seasonal variations. It provides a clearer picture of underlying economic trends for policymakers and analysts.
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 data from the U.S. Bureau of Labor Statistics removes regular, predictable changes in employment due to seasonal factors like weather, holidays, and school schedules. This allows analysts to better identify and interpret true changes in the labor market.
Methodology
The data is adjusted using statistical models to account for seasonal patterns in the raw employment figures.
Historical Context
Seasonally adjusted data is widely used by economists, policymakers, and financial markets to gauge the health and direction of the U.S. economy.
Key Facts
- Seasonally adjusted data accounts for regular, predictable changes.
- It allows for better identification of underlying economic trends.
- Seasonally adjusted data is widely used by economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment series measures monthly changes in employment, with typical seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: Seasonally adjusted data provides a clearer picture of underlying labor market conditions, enabling better analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is adjusted using statistical models to account for seasonal patterns in the raw employment figures.
Q: How is this trend used in economic policy?
A: Seasonally adjusted employment data is widely used by economists, policymakers, and financial markets to gauge the health and direction of the U.S. economy.
Q: Are there update delays or limitations?
A: The seasonally adjusted data is published monthly by the U.S. Bureau of Labor Statistics with typical release lags.
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Citation
U.S. Bureau of Labor Statistics, Seasonally Adjusted (SMU28000007072100001SA), retrieved from FRED.