What is seasonal adjustment?
Most economic series, including employment and unemployment data, are affected by seasonal variations. Often it is difficult to tell from raw statistics whether developments between any two months reflect changing economic conditions or merely normal seasonal fluctuations. So, to compare employment and unemployment data for any pair of months accurately, a statistical technique known as seasonal adjustment is used.
Related Questions
- Altering the Seasonal Adjustment Option For Producing Seasonally Adjusted Data For the September and October 2001 Release Frequently Asked Questions Was the option that was altered developed specifically to handle the impact of the terrorist attacks?
- What was the impact of altering the seasonal adjustment option (additive outlier adjustment) for the September 2001 data month?
- What was the impact of altering the seasonal adjustment option (additive outlier adjustment) for the July 2005 data month?