Source: U.S. Bureau of Labor Statistics
The Federal Reserve Bank of St. Louis seasonally adjusts this series by using the 'statsmodel' library from Python with default parameter settings. The package uses the U.S. Bureau of the Census X-13ARIMA-SEATS Seasonal Adjustment Program. More information on the 'statsmodel' X-13ARIMA-SEATS package can be found at https://www.statsmodels.org/dev/generated/statsmodels.tsa.x13.x13_arima_analysis.html. More information on X-13ARIMA-SEATS can be found at https://www.census.gov/srd/www/x13as/.
Some seasonally adjusted series may exhibit negative values because they are created from a seasonal adjustment process regardless of the actual meaning or interpretation of the given indicator.
Federal Reserve Bank of St. Louis and U.S. Bureau of Labor Statistics, All Employees: Mining: Oil and Gas Extraction in Houston-The Woodlands-Sugar Land, TX (MSA) [SMU48264201021100001SA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SMU48264201021100001SA, June 26, 2019.