Annual, Not Seasonally Adjusted
SMU18000003133610001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.50
Year-over-Year Change
34.62%
Date Range
1/1/1990 - 1/1/2016
Summary
This trend measures annual, not seasonally adjusted employment levels for the San Jose-Sunnyvale-Santa Clara, CA metropolitan statistical area. It provides insights into the region's labor market and economic activity.
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 total employment levels in the San Jose-Sunnyvale-Santa Clara, CA metro area on a yearly basis, without adjustments for seasonal hiring patterns. This metric is used by economists and policymakers to analyze regional economic trends and the health of the local labor market.
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 relevant for understanding the economic performance and business climate of the San Jose metro region.
Key Facts
- The San Jose metro area is a major technology hub in California.
- Employment levels fluctuate with the region's business cycle.
- This metric does not adjust for seasonal hiring patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures total annual employment levels in the San Jose-Sunnyvale-Santa Clara, CA metropolitan statistical area, without adjustments for seasonal hiring patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall health and performance of the San Jose regional labor market, which is important for understanding the local economic climate.
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: Policymakers and economists analyze this employment trend to assess the economic conditions and business environment in the San Jose metro area.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric does not adjust for seasonal hiring patterns, which can influence interpretations of the employment levels.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU18000003133610001A), retrieved from FRED.