Annual, Not Seasonally Adjusted
SMU72000005552200007A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.90
Year-over-Year Change
12.05%
Date Range
1/1/2001 - 1/1/2012
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the Portland-Vancouver-Hillsboro, OR-WA metropolitan statistical area. It provides important insight into regional labor market conditions.
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 level tracks the total number of jobs in the Portland metro area over a 12-month period without adjusting for typical seasonal fluctuations. This metric offers a comprehensive view of the region's overall employment landscape.
Methodology
The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to evaluate regional economic performance and guide workforce development initiatives.
Key Facts
- The Portland metro area had over 1.2 million jobs in 2022.
- Employment levels have returned to pre-pandemic highs in the region.
- The largest industry sectors in Portland are technology, healthcare, and trade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of jobs in the Portland-Vancouver-Hillsboro, OR-WA metropolitan area on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment level provides a comprehensive view of the Portland region's labor market, which is crucial for evaluating economic performance and guiding workforce development policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess regional economic conditions and inform workforce development initiatives in the Portland metropolitan area.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a several-month delay in reporting.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU72000005552200007A), retrieved from FRED.