All Employees: Financial Activities: Finance and Insurance in Nebraska
Annual, Not Seasonally Adjusted
SMU31000005552000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.80
Year-over-Year Change
-2.92%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted employment level in the private sector for the Pittsburgh, PA metropolitan statistical area. It provides insight into the region's long-term employment trends and economic performance.
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 employment level tracks the total number of private sector jobs in the Pittsburgh, PA metro area on a yearly basis without adjusting for seasonal variations. This metric is used by economists and policymakers to analyze the broader labor market and economic conditions in the region.
Methodology
The data is collected through surveys of businesses and establishments in the Pittsburgh metropolitan area.
Historical Context
This employment trend helps inform regional economic policy and business investment decisions.
Key Facts
- Pittsburgh metro area has a population of over 2.3 million.
- The region's private sector employment level peaked at over 1 million jobs in 2019.
- Manufacturing remains a key industry in the Pittsburgh metro economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment level in the private sector for the Pittsburgh, PA metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the long-term employment trends and broader economic performance of the Pittsburgh region, which is useful for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in the Pittsburgh metropolitan area.
Q: How is this trend used in economic policy?
A: This employment trend helps inform regional economic policy and business investment decisions in the Pittsburgh metro area.
Q: Are there update delays or limitations?
A: The data is published annually, so there may be a delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU31000005552000001A), retrieved from FRED.