Seasonally Adjusted Unemployment Rate Meaning Official

Conversely, the raw rate in June might be . Because summer hiring typically lowers the rate by 1.0%, the seasonally adjusted rate would be 5.5% again.

When you read the next jobs report, ignore the raw "headline" drama of the current month. Look for the . If that number is moving, the economy is truly moving. If it is flat, the only thing changing is the weather. Key Takeaway: The raw rate tells you what happened. The seasonally adjusted rate tells you what the economy is actually doing. seasonally adjusted unemployment rate meaning

Every month, news outlets flash headlines about a nation’s unemployment rate. Often, you will see two figures: the "actual" rate and the "seasonally adjusted" (SA) rate. While the actual rate might spike or drop dramatically, the seasonally adjusted rate often tells a calmer, more strategic story. Conversely, the raw rate in June might be