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Annual, Not Seasonally Adjusted
SMU16000007072259001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.20
Year-over-Year Change
80.51%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in San Francisco-Oakland-Hayward, CA. Understanding local job market trends is crucial for policymakers and businesses to make informed decisions.
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 series tracks the total number of employed persons in the San Francisco-Oakland-Hayward, CA metropolitan area on an annual basis without adjusting for seasonal fluctuations. This provides a more accurate picture of the underlying employment conditions in the region.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this metric to assess the strength and trajectory of the local job market and make informed decisions about economic policies and investments.
Key Facts
- The San Francisco-Oakland-Hayward, CA metro area employed over 3.5 million people in 2022.
- Employment in the region has grown by over 10% since 2015.
- The tech and healthcare sectors are major drivers of job growth in the San Francisco area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the San Francisco-Oakland-Hayward, CA metropolitan area on an annual basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: Understanding local employment trends is crucial for policymakers, businesses, and economists to make informed decisions about economic policies, investments, and market strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the strength and trajectory of the local job market and make informed decisions about economic policies and investments.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of several months, so it may not reflect the most recent employment conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU16000007072259001A), retrieved from FRED.