Seasonally Adjusted
SMU72000003100000030SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
519.50
Year-over-Year Change
-5.04%
Date Range
1/1/2001 - 12/1/2017
Summary
The Seasonally Adjusted employment trend measures the monthly changes in nonfarm payroll employment, with the effects of seasonal variations removed. This provides a clearer view of the underlying 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 employment series is a key economic indicator that reflects the overall health of the U.S. labor market. It is widely used by policymakers, economists, and analysts to assess employment trends and make informed decisions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Historical Context
The Seasonally Adjusted employment trend is closely monitored by the Federal Reserve and other policymakers to gauge the strength of the economy and inform monetary policy decisions.
Key Facts
- The Seasonally Adjusted series removes the effects of predictable seasonal patterns, such as holiday hiring and school closures.
- Nonfarm payroll employment is one of the most closely watched economic indicators in the United States.
- Policymakers use the Seasonally Adjusted employment trend to assess the overall health of the labor market and the broader economy.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment trend measures the monthly changes in nonfarm payroll employment, with the effects of seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: The Seasonally Adjusted employment trend is a key economic indicator that provides a clearer view of the underlying labor market conditions, which is crucial for policymakers, economists, and analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted employment trend is closely monitored by the Federal Reserve and other policymakers to gauge the strength of the economy and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted employment data is typically released on a monthly basis, with a one-month lag.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU72000003100000030SA), retrieved from FRED.