Annual, Not Seasonally Adjusted
SMU04000004245200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.10
Year-over-Year Change
6.51%
Date Range
1/1/2003 - 1/1/2021
Summary
This economic trend measures the annual, not seasonally adjusted employment levels in the San Francisco-Oakland-Fremont, CA metropolitan area. It provides insight into the region's labor market dynamics and economic performance.
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 Annual, Not Seasonally Adjusted employment series tracks the total number of employed individuals in the San Francisco-Oakland-Fremont, CA metropolitan statistical area on an annual basis. This data is used by economists and policymakers to analyze regional job market trends and the overall economic health of the area.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the San Francisco Bay Area's labor market and informing policy decisions that impact regional economic development.
Key Facts
- The San Francisco-Oakland-Fremont, CA metropolitan area has a population of over 4.7 million.
- The region's annual employment level reached a high of 2.38 million in 2019.
- The COVID-19 pandemic caused a sharp decline in employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals in the San Francisco-Oakland-Fremont, CA metropolitan area on an annual basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the regional labor market and overall economic performance of the San Francisco Bay Area, which is a major economic hub.
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: This trend is used by economists, policymakers, and institutions to monitor the San Francisco Bay Area's labor market and inform decisions related to regional economic development.
Q: Are there update delays or limitations?
A: The data is published annually, with a delay of several months, and does not account for seasonal variations in employment.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU04000004245200001A), retrieved from FRED.