All Employees: Leisure and Hospitality: Food Services and Drinking Places in Rhode Island
Seasonally Adjusted
SMU44000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.49
Year-over-Year Change
2.69%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted employment data tracks month-over-month changes in nonfarm payroll employment for the San Francisco-Oakland-Fremont, CA metropolitan area. It is a key economic indicator used by policymakers and analysts to assess regional 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 Seasonally Adjusted series removes regular seasonal fluctuations from the raw employment data, providing a clearer picture of underlying economic trends. It is a widely-referenced metric for evaluating the strength and direction of the local job market over time.
Methodology
The U.S. Bureau of Labor Statistics collects and adjusts the employment data using statistical models to account for predictable seasonal variations.
Historical Context
Economists and investors closely monitor this regional employment trend to gauge the health of the San Francisco Bay Area economy.
Key Facts
- San Francisco metro area has over 4 million nonfarm jobs.
- Employment levels fluctuate seasonally due to holiday hiring and other factors.
- Seasonally adjusted data provides a more accurate picture of economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment series tracks changes in nonfarm payroll jobs for the San Francisco metropolitan area, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This data provides a reliable gauge of the strength and direction of the regional labor market, which is a key indicator of the overall economic health of the San Francisco Bay Area.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects the raw employment data and applies statistical models to adjust for predictable seasonal factors.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this regional employment trend to inform decisions around economic development, workforce planning, and other policy initiatives.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted data is published monthly, with a slight lag to allow for data collection and processing.
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Citation
U.S. Bureau of Labor Statistics, Seasonally Adjusted Nonfarm Payroll Employment (SMU44000007072200001SA), retrieved from FRED.