All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Nebraska
Monthly, Seasonally Adjusted
SMU31000004244400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.51
Year-over-Year Change
-2.92%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Seasonally Adjusted' series measures the monthly unemployment rate in the San Francisco-Oakland-Fremont, CA metropolitan area. This key economic indicator provides insight into the labor market conditions and overall economic health of the region.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The monthly, seasonally adjusted unemployment rate tracks the percentage of the civilian labor force in the San Francisco metro area that is jobless but actively seeking employment. This data series is widely used by economists, policymakers, and businesses to monitor economic trends and inform decision-making.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a crucial metric for assessing the strength of the local economy and informing policy responses.
Key Facts
- The San Francisco metro area unemployment rate was 3.1% as of the latest data.
- The region has historically maintained a lower unemployment rate than the national average.
- Unemployment data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' series tracks the percentage of the civilian labor force in the San Francisco-Oakland-Fremont, CA metropolitan area that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the strength of the local labor market and overall economic health, providing important insights for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The San Francisco metro area unemployment rate is closely monitored by policymakers and institutions to assess the strength of the regional economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The unemployment data is released on a monthly basis, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU31000004244400001SA), retrieved from FRED.