All Employees: Transportation and Utilities: Utilities in Utah
Seasonally Adjusted
SMU49000004322000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This series measures the seasonally adjusted unemployment rate in the St. Louis, MO-IL metropolitan statistical area. Tracking local labor market trends is crucial for policymakers and economists to understand regional economic 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 unemployment rate is a key economic indicator that provides insights into the health of the local job market. It represents the percentage of the civilian labor force that is jobless but actively seeking employment in the St. Louis metro region.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The seasonally adjusted unemployment rate helps analysts assess the strength of the regional economy and is used to inform policy decisions.
Key Facts
- The St. Louis metro area had a seasonally adjusted unemployment rate of 3.3% as of the latest data.
- Seasonally adjusted data removes regular seasonal fluctuations to reveal underlying economic trends.
- The unemployment rate is a lagging indicator, reflecting past economic conditions.
FAQs
Q: What does this economic trend measure?
A: This series measures the seasonally adjusted unemployment rate in the St. Louis, MO-IL metropolitan statistical area, providing insights into local labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The seasonally adjusted unemployment rate is a key indicator used by policymakers, economists, and analysts to assess the strength of the regional economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The seasonally adjusted unemployment rate helps analysts assess the strength of the regional economy and is used to inform policy decisions by local and national policymakers.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a slight delay in publication compared to the national unemployment rate.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU49000004322000001SA), retrieved from FRED.