Monthly, Not Seasonally Adjusted
SMU31000001523700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
8.47%
Date Range
1/1/1990 - 12/1/2015
Summary
This U.S. economic indicator measures monthly, not seasonally adjusted employment levels. It provides valuable insights into underlying employment 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 Monthly, Not Seasonally Adjusted employment series tracks the raw, unadjusted number of employed persons in the U.S. economy, without accounting for seasonal fluctuations. This gives a more direct view of underlying employment changes compared to seasonally adjusted data.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly household surveys.
Historical Context
This employment metric helps inform economic and labor market policy decisions.
Key Facts
- The U.S. economy had over 155 million employed persons in the latest month.
- Employment levels typically peak in the summer and dip in the winter.
- This raw employment data complements seasonally adjusted figures.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly, unadjusted level of employment in the U.S. economy, without accounting for seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: The raw, not seasonally adjusted employment data provides a more direct view of underlying labor market changes, which is valuable for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly household surveys.
Q: How is this trend used in economic policy?
A: This employment metric helps inform a range of economic and labor market policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a short publication lag. There are no major known limitations to this series.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU31000001523700001), retrieved from FRED.