In the United States, around 3.05 million men aged 16 years or older were unemployed in July 2022. Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends.
Monthly number of unemployed men in the United States from July 2021 to July 2022
(in millions, seasonally adjusted)
Seasonal adjustment is a statistical method for removing the seasonal component of a time series that is used when analyzing non-seasonal trends. It is normal to report un-adjusted data for current unemployment rates, as these reflect the actual current situation. Seasonally adjusted data may be used for the longer term comparison. Unlike the trend and cyclical components, seasonal components, theoretically, happen with similar magnitude during the same time period each year. The seasonal component of a series are often considered to be uninteresting in their own right and to cause the interpretation of a series to be ambiguous. By removing the seasonal component, it is easier to focus on other components.
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Bureau of Labor Statistics. (August 5, 2022). Monthly number of unemployed men in the United States from July 2021 to July 2022 (in millions, seasonally adjusted) [Graph]. In Statista. Retrieved August 18, 2022, from https://www.statista.com/statistics/193269/seasonally-adjusted-monthly-number-of-unemployed-men-in-the-us/
Bureau of Labor Statistics. "Monthly number of unemployed men in the United States from July 2021 to July 2022 (in millions, seasonally adjusted)." Chart. August 5, 2022. Statista. Accessed August 18, 2022. https://www.statista.com/statistics/193269/seasonally-adjusted-monthly-number-of-unemployed-men-in-the-us/
Bureau of Labor Statistics. (2022). Monthly number of unemployed men in the United States from July 2021 to July 2022 (in millions, seasonally adjusted). Statista. Statista Inc.. Accessed: August 18, 2022. https://www.statista.com/statistics/193269/seasonally-adjusted-monthly-number-of-unemployed-men-in-the-us/
Bureau of Labor Statistics. "Monthly Number of Unemployed Men in The United States from July 2021 to July 2022 (in Millions, Seasonally Adjusted)." Statista, Statista Inc., 5 Aug 2022, https://www.statista.com/statistics/193269/seasonally-adjusted-monthly-number-of-unemployed-men-in-the-us/
Bureau of Labor Statistics, Monthly number of unemployed men in the United States from July 2021 to July 2022 (in millions, seasonally adjusted) Statista, https://www.statista.com/statistics/193269/seasonally-adjusted-monthly-number-of-unemployed-men-in-the-us/ (last visited August 18, 2022)
