All Employees: Construction: Specialty Trade Contractors in Hawaii
Monthly, Seasonally Adjusted
SMU15000002023800001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.89
Year-over-Year Change
4.21%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted trend measures the total nonfarm employment in the San Francisco-Oakland-Fremont, CA metropolitan statistical area. This key economic indicator provides insights into the health and growth of the regional labor market.
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 series tracks the total number of nonfarm payroll jobs in the San Francisco-Oakland-Fremont metropolitan area, one of the largest and most economically influential regions in the United States. This employment data is a leading indicator used by economists and policymakers to assess the broader economic conditions and outlook.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring changes in nonfarm employment is crucial for understanding consumer demand, inflationary pressures, and the overall strength of the regional economy.
Key Facts
- The San Francisco-Oakland-Fremont metro area has over 4 million nonfarm employees.
- Nonfarm employment grew by 3.2% in the past year.
- The tech sector accounts for over 20% of total nonfarm jobs in the region.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted trend measures the total nonfarm employment in the San Francisco-Oakland-Fremont, CA metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This employment data is a leading indicator used by economists and policymakers to assess the broader economic conditions and outlook of the San Francisco region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Monitoring changes in nonfarm employment is crucial for understanding consumer demand, inflationary pressures, and the overall strength of the regional economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 3-4 weeks.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU15000002023800001SA), retrieved from FRED.