All Employees: Financial Activities: Financial Investments and Related Activities Including Financial Vehicles in Minnesota
Annual, Not Seasonally Adjusted
SMU27000005552300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.50
Year-over-Year Change
21.47%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' data series tracks the total employment levels in the St. Louis, MO-IL metropolitan area. This metric is a key indicator of regional 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
This data series represents the total number of people employed in the St. Louis metropolitan statistical area, which encompasses parts of Missouri and Illinois. It is not adjusted for seasonal variations, providing a raw view of employment trends in the region over time.
Methodology
The data is collected through surveys of regional businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this metric to assess the strength of the local economy and make informed decisions.
Key Facts
- The St. Louis metro area has a population of over 2.8 million people.
- Employment levels in the region peaked in 2019 at over 1.4 million jobs.
- The COVID-19 pandemic led to a significant decline in regional employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of people employed in the St. Louis, MO-IL metropolitan area, providing a raw view of employment levels in the region.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a key indicator of regional economic health and labor market conditions, which are important for policymakers, businesses, and individuals to understand.
Q: How is this data collected or calculated?
A: The data is collected through surveys of regional businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the strength of the local economy and make informed decisions about economic and workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may have a delay of several weeks before being made publicly available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU27000005552300001A), retrieved from FRED.