All Employees: Financial Activities: Depository Credit Intermediation including Monetary Authorities - Central Bank in Minnesota
Monthly, Seasonally Adjusted
SMU27000005552210001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.16
Year-over-Year Change
-3.62%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted series measures total nonfarm employment in Pittsburgh-Beaver Valley, PA. This metric is a key indicator of the region's economic health and 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 Monthly, Seasonally Adjusted employment data tracks the total number of workers, excluding farm employees, in the Pittsburgh-Beaver Valley metropolitan statistical area. This series is a widely used barometer of local economic activity and can inform policy decisions and business strategies.
Methodology
The U.S. Bureau of Labor Statistics collects this data through monthly surveys of employers in the region.
Historical Context
Policymakers and analysts monitor this employment trend to assess the strength of the Pittsburgh-Beaver Valley economy and make informed decisions.
Key Facts
- Pittsburgh-Beaver Valley has a population of over 2.3 million.
- Manufacturing is a major industry in the region.
- The unemployment rate in Pittsburgh-Beaver Valley was 4.2% as of the latest data.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series tracks total nonfarm employment in the Pittsburgh-Beaver Valley metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of the region's economic performance and can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through monthly surveys of employers in the Pittsburgh-Beaver Valley region.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this employment trend to assess the strength of the Pittsburgh-Beaver Valley economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU27000005552210001SA), retrieved from FRED.