Monthly, Not Seasonally Adjusted
SMU17000004244300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.80
Year-over-Year Change
-2.68%
Date Range
1/1/1990 - 12/1/2022
Summary
This economic indicator tracks the monthly, not seasonally adjusted total nonfarm employment in the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. It is a key metric for analyzing regional economic conditions and labor market trends.
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, not seasonally adjusted total nonfarm employment statistic provides a snapshot of employment levels in the Portland-Vancouver-Hillsboro metropolitan area. It is a commonly referenced indicator for evaluating regional economic performance and labor market dynamics.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by economists, policymakers, and businesses to gauge the health of the Portland-Vancouver-Hillsboro regional economy.
Key Facts
- The Portland-Vancouver-Hillsboro metropolitan area has a population of over 2.5 million.
- Nonfarm employment is a broad measure that excludes agricultural workers and the self-employed.
- This data series dates back to 1990 and is released on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly, not seasonally adjusted total nonfarm employment in the Portland-Vancouver-Hillsboro, OR-WA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: The Portland-Vancouver-Hillsboro employment trend is a key metric for evaluating regional economic conditions and labor market dynamics.
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: This employment indicator is used by economists, policymakers, and businesses to gauge the health of the Portland-Vancouver-Hillsboro regional economy.
Q: Are there update delays or limitations?
A: This data series dates back to 1990 and is released on a monthly basis by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU17000004244300001), retrieved from FRED.