All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Rhode Island
Not Seasonally Adjusted
SMU44000003133600001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.50
Year-over-Year Change
3.66%
Date Range
1/1/2003 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the monthly unemployment rate for the San Jose-Sunnyvale-Santa Clara, CA metropolitan area. This metric is a key economic indicator used to track labor market conditions and assess regional 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 'Not Seasonally Adjusted' unemployment rate represents the percentage of the civilian labor force in the San Jose-Sunnyvale-Santa Clara, CA metropolitan area that is jobless, based on data collected through household surveys. This unadjusted figure provides insight into the local job market without accounting for typical seasonal hiring patterns.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The 'Not Seasonally Adjusted' unemployment rate is closely monitored by policymakers, economists, and businesses to evaluate economic conditions and inform decision-making.
Key Facts
- The San Jose metro area has historically had a lower unemployment rate than the national average.
- Seasonal employment fluctuations are common in the region due to the tech industry.
- Tracking the unadjusted jobless rate provides insight into real-time labor market conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks the monthly unemployment rate for the San Jose-Sunnyvale-Santa Clara, CA metropolitan area without accounting for typical seasonal hiring patterns.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted unemployment metric provides insight into real-time labor market conditions in the San Jose region, which is useful for policymakers, economists, and businesses assessing economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Not Seasonally Adjusted' unemployment rate for the San Jose metro area is closely monitored by policymakers, economists, and businesses to evaluate economic conditions and inform decision-making.
Q: Are there update delays or limitations?
A: There may be typical data collection and reporting delays associated with the Current Population Survey that impact the timeliness of this unemployment metric.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU44000003133600001), retrieved from FRED.