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Indirect seasonal adjustment is used for large components of GDP which are made up of many industries, which may have different seasonal patterns and which are therefore analyzed and seasonally adjusted separately. Indirect seasonal adjustment also has the advantage that the aggregate series is the exact sum of the component series.
Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 211,000 for the week ended Dec. 28, the lowest level since April. Economists polled by Reuters had forecast ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 231,000 for the week ended Aug. 24. Economists polled by Reuters had forecast 232,000 claims for the latest week.
The index helps determine how the average citizen is doing economically and is calculated by adding the seasonally adjusted unemployment rate to the annual inflation rate. It is assumed that both a higher rate of unemployment and a worsening of inflation create economic and social costs for a country. [1]
This comes after the state’s seasonally adjusted unemployment rate remained at 2.9%, below the 4.2% national average. The unemployment rate went down or was the same in 11 of the 12 metropolitan ...
Seasonally adjust the series again with the new seasonal factors. Calculate the final trend and irregular components from the seasonally adjusted series. The method also includes a number of tests, diagnostics and other statistics for evaluating the quality of the seasonal adjustments.
Initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 213,000 for the week ended Nov. 16, the lowest reading since April. Economists polled by Reuters had forecast ...