All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Massachusetts
Not Seasonally Adjusted
SMU25000003133300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.20
Year-over-Year Change
-1.62%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the monthly unemployment rate for the San Francisco-Oakland-Fremont, CA Metropolitan Statistical Area without adjusting for seasonal variations. This provides a raw indicator of labor market conditions in the region.
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 not seasonally adjusted unemployment rate is a key measure of economic activity that reflects the actual, unadjusted level of unemployment within a geographic area. It is used to analyze labor market trends and can inform policy decisions related to employment and economic development.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the underlying state of the local labor market without the influence of typical seasonal fluctuations.
Key Facts
- The not seasonally adjusted unemployment rate does not account for typical seasonal hiring and layoff patterns.
- San Francisco's not seasonally adjusted unemployment rate was 2.4% as of the most recent data release.
- Comparing the not seasonally adjusted rate to the seasonally adjusted rate can provide insights into the local economic climate.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the actual, unadjusted unemployment rate for the San Francisco metropolitan area without accounting for typical seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: The not seasonally adjusted unemployment rate is an important indicator of the underlying state of the local labor market, which can inform economic policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the actual state of the local labor market, which can inform decisions related to employment, economic development, and other policy areas.
Q: Are there update delays or limitations?
A: The not seasonally adjusted unemployment rate data is released on a monthly basis with typical publication lags.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU25000003133300001), retrieved from FRED.