All Employees: Leisure and Hospitality: Restaurants and Other Eating Places in Pennsylvania
Annual
SMU42000007072250001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
354.80
Year-over-Year Change
9.47%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the annual average of total civilian employment in the San Francisco-Oakland-Fremont, CA Metropolitan Statistical Area. This metric is a key indicator of regional economic activity 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 Annual trend represents the average level of total civilian employment over a calendar year in the San Francisco-Oakland-Fremont, CA metropolitan area. It is used by economists and policymakers to analyze trends in regional labor markets and overall economic performance.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual employment trend provides important context for interpreting the state of the San Francisco Bay Area economy and job market.
Key Facts
- The San Francisco metro area employed over 2.3 million civilians in 2022.
- Annual employment has grown by over 15% since the early 2010s.
- The San Francisco region accounts for nearly a quarter of California's total employment.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average level of total civilian employment over a calendar year in the San Francisco-Oakland-Fremont, CA metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of regional economic activity and labor market conditions in the San Francisco Bay Area, providing important context for understanding the state of the local economy.
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: The Annual employment trend is used by economists and policymakers to analyze trends in regional labor markets and overall economic performance in the San Francisco metropolitan area.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual (SMU42000007072250001A), retrieved from FRED.