All Employees: Leisure and Hospitality: Food Services and Drinking Places in Virginia
Seasonally Adjusted
SMU51000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
304.39
Year-over-Year Change
-0.15%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted employment data provides a reliable month-over-month comparison of nonfarm employment levels in the United States, adjusting for regular 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 seasonally adjusted to account for predictable fluctuations in hiring and layoffs that occur at certain times of the year, allowing analysts to identify underlying trends more clearly.
Methodology
The data is collected through surveys of nonfarm business establishments and adjusted using statistical models to remove seasonal effects.
Historical Context
Policymakers and economists closely monitor this data to gauge the health of the U.S. labor market.
Key Facts
- The U.S. economy added 390,000 jobs in May 2022 on a seasonally adjusted basis.
- Seasonally adjusted data helps identify employment trends by accounting for predictable fluctuations.
- Economists use this data to monitor the strength and resilience of the U.S. labor market.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment data measures the level of nonfarm payroll employment in the United States, with seasonal variations removed to provide a clearer picture of underlying labor market trends.
Q: Why is this trend relevant for users or analysts?
A: This seasonally adjusted employment data is a key economic indicator that provides important insights into the health and direction of the U.S. labor market, which is a critical component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of nonfarm business establishments and then adjusted using statistical models to remove the effects of predictable seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this seasonally adjusted employment data to gauge the strength of the labor market, which informs decisions on monetary policy, fiscal stimulus, and other economic interventions.
Q: Are there update delays or limitations?
A: The seasonally adjusted employment data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of about a month from the reference period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU51000007072200001SA), retrieved from FRED.