All Employees: Construction: Specialty Trade Contractors in Utah
Monthly, Seasonally Adjusted
SMU49000002023800001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.16
Year-over-Year Change
4.94%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted series measures the total number of employees in the private sector in California on a monthly basis, adjusted for seasonal variations. This metric is a key indicator of economic activity and labor market health in the state.
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
This series tracks the total employment levels in California's private sector, excluding government jobs. It is a widely-used statistic that provides insight into the overall strength and growth of the state's economy.
Methodology
The data is collected through surveys of businesses and establishments, and adjusted for seasonal factors such as holidays and weather patterns.
Historical Context
Policymakers and economists monitor this employment trend to assess the health of California's labor market and make informed decisions about economic policy.
Key Facts
- California is the most populous U.S. state.
- The private sector accounts for the majority of jobs in the state.
- Employment levels can fluctuate seasonally due to factors like tourism and agriculture.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of private sector employees in the state of California on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The California private sector employment trend is a key indicator of the state's economic health and can provide insights for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments, and then adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this employment trend to assess the strength of California's labor market and make informed decisions about economic policies and programs.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a lag of several weeks between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU49000002023800001SA), retrieved from FRED.