All Employees: Education and Health Services: Nursing Care Facilities (Skilled Nursing Facilities) in Minnesota
Monthly, Not Seasonally Adjusted
SMU27000006562310001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.40
Year-over-Year Change
6.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the monthly unemployment rate in the San Francisco-Redwood City-South San Francisco, CA Metropolitan Division, not seasonally adjusted. Analyzing local labor market conditions is crucial for policymakers and economists to understand regional economic dynamics.
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, not seasonally adjusted unemployment rate for the San Francisco metropolitan area provides a granular view of local labor market conditions. This data is used by economists, researchers, and policymakers to monitor and analyze regional economic performance and employment trends.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Tracking local unemployment rates helps inform economic and workforce development policies.
Key Facts
- San Francisco metro unemployment averaged 2.9% in 2022.
- The local rate is consistently lower than the national average.
- The data is released monthly with a 1-month lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate in the San Francisco-Redwood City-South San Francisco, CA Metropolitan Division, not seasonally adjusted.
Q: Why is this trend relevant for users or analysts?
A: Tracking local labor market conditions is crucial for understanding regional economic dynamics and informing economic and workforce development policies.
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 economists use this data to monitor and analyze regional employment trends and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is released monthly with a 1-month lag.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU27000006562310001), retrieved from FRED.