All Employees: Government: Local Government Educational Services in Utah
Seasonally Adjusted
SMU49000009093161101SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.37
Year-over-Year Change
2.19%
Date Range
1/1/2001 - 7/1/2025
Summary
The Seasonally Adjusted unemployment rate measures the national unemployment rate after adjusting for seasonal variations in the labor market. It is a key indicator for economists and policymakers to assess the overall health of the U.S. economy.
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 statistical metric that removes the typical seasonal fluctuations in employment levels, providing a clearer picture of underlying economic trends. It is widely used by analysts and policymakers to inform economic policy decisions.
Methodology
The data is collected through the Current Population Survey and adjusted using statistical models to account for seasonal patterns.
Historical Context
The Seasonally Adjusted unemployment rate is a crucial input for the Federal Reserve and other government institutions when evaluating the state of the labor market and making monetary policy decisions.
Key Facts
- The Seasonally Adjusted unemployment rate is reported monthly by the U.S. Bureau of Labor Statistics.
- Seasonal adjustments account for recurring patterns such as holiday hiring and school schedules.
- The Seasonally Adjusted rate is generally considered a more accurate reflection of labor market conditions than the raw, unadjusted unemployment rate.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted unemployment rate measures the national unemployment rate after accounting for typical seasonal variations in the labor market, providing a clearer picture of underlying economic trends.
Q: Why is this trend relevant for users or analysts?
A: The Seasonally Adjusted unemployment rate is a crucial indicator used by economists, policymakers, and market analysts to assess the overall health of the U.S. labor market and inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics and adjusted using statistical models to account for seasonal patterns.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted unemployment rate is a key input for the Federal Reserve and other government institutions when evaluating labor market conditions and making monetary policy decisions to support economic growth and stability.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted unemployment rate is reported monthly with a short delay, providing timely information on the state of the labor market.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU49000009093161101SA), retrieved from FRED.