All Employees: Education and Health Services: Social Assistance in North Carolina
Seasonally Adjusted
SMU37000006562400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.88
Year-over-Year Change
6.58%
Date Range
1/1/1990 - 6/1/2025
Summary
The Seasonally Adjusted series measures the change in employment in the Portland-Vancouver-Hillsboro, OR-WA metropolitan area, adjusted for seasonal variations. This metric is crucial for economists and policymakers to understand underlying labor market 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 representation of employment changes by accounting for predictable seasonal fluctuations, such as holiday hiring or weather patterns. This allows for better identification of true economic signals rather than temporary, seasonal effects.
Methodology
The data is collected through surveys of businesses and households and adjusted using statistical methods to remove seasonal influences.
Historical Context
This series is used by the Federal Reserve, analysts, and policymakers to assess the health of regional labor markets and inform economic decisions.
Key Facts
- The Portland metro area has a labor force of over 1.3 million workers.
- Seasonally adjusted employment data helps identify turning points in the business cycle.
- Seasonal adjustments account for regular patterns like holiday hiring and weather impacts.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures changes in employment in the Portland-Vancouver-Hillsboro, OR-WA 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 labor market conditions by accounting for predictable seasonal fluctuations, allowing for better economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households and adjusted using statistical methods to remove seasonal influences.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted series is used by the Federal Reserve, analysts, and policymakers to assess the health of regional labor markets and inform economic decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and revisions as new information becomes available, but the Seasonally Adjusted series provides the most up-to-date and accurate representation of employment trends.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU37000006562400001SA), retrieved from FRED.