All Employees: Education and Health Services: Private Colleges, Universities, and Professional Schools in Rhode Island
Seasonally Adjusted
SMU44000006561130001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.57
Year-over-Year Change
2.57%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted employment trend tracks month-over-month changes in total nonfarm employment, adjusted for typical seasonal variations.
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
This employment series is a key economic indicator used by policymakers, analysts, and businesses to monitor labor market health and identify underlying employment trends.
Methodology
The data is collected through monthly surveys of employers and adjusted to remove regular seasonal fluctuations.
Historical Context
Policymakers and economists closely follow this metric to inform decisions on monetary and fiscal policies.
Key Facts
- The series has been published monthly since 1939.
- It covers all nonfarm payroll employment, excluding farm workers, private household employees, and nonprofit organizations.
- Seasonal adjustment helps identify underlying employment trends by removing predictable fluctuations due to weather, holidays, and other factors.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment trend tracks changes in total nonfarm payroll employment, with regular seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This is a key indicator of labor market conditions and a critical input for policymakers and economists in assessing the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers and adjusted to remove regular seasonal fluctuations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to inform decisions on monetary and fiscal policies, as well as to evaluate the performance of the labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, and the seasonal adjustments are updated periodically to account for changing patterns.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU44000006561130001SA), retrieved from FRED.