What’s Seasonally Adjusted?

The state’s newest unemployment figures show the seasonally-adjusted rate down a tenth of a point. The September unemployment rate for Missouri, seasonally-adjusted, is down to an even five percent….If it’s not seasonally adjusted, the rate is 4.8 percent, also down a tenth from August. Economic Development analyst Bill Niblack says construction, manufacturing, and professional and business services were up. Government employment was down 57-hundred….because a lot of teachers returned to work in August instead of September…..Retail trade also was down, about 23-hundred. The estimated total non farm payroll employment in September totalled more than two-and-three-quarters million people.(For a better look at “seasonally adjusted,” listen to the audio clip with this story)