All Employees: Leisure and Hospitality: Accommodation in Ohio
Seasonally Adjusted
SMU39000007072100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.10
Year-over-Year Change
-0.46%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series tracks monthly changes in nonfarm employment levels, a key indicator of economic health and labor market conditions.
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 regular seasonal fluctuations from employment data, providing a clearer picture of underlying trends. It is widely used by economists and policymakers to analyze the state of the labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey and adjusted using statistical models to account for seasonal variation.
Historical Context
Changes in Seasonally Adjusted employment are closely monitored by the Federal Reserve and other institutions for insights into monetary and fiscal policy decisions.
Key Facts
- Seasonally Adjusted data strips out regular seasonal fluctuations in employment.
- The Seasonally Adjusted series is a widely tracked economic indicator.
- Employment levels are a key measure of overall economic health.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series tracks monthly changes in nonfarm employment levels, a key indicator of economic and labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The Seasonally Adjusted employment data provides a clearer picture of underlying labor market trends, making it crucial for economic analysis and policy decisions.
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 account for seasonal variation.
Q: How is this trend used in economic policy?
A: Changes in Seasonally Adjusted employment are closely monitored by the Federal Reserve and other institutions for insights into monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted employment data is released monthly with a typical lag of one to two weeks.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU39000007072100001SA), retrieved from FRED.