All Employees: Construction: Specialty Trade Contractors in Washington
Monthly, Seasonally Adjusted
SMU53000002023800001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.17
Year-over-Year Change
-4.85%
Date Range
1/1/1990 - 7/1/2025
Summary
This U.S. economic trend measures monthly total nonfarm employment, seasonally adjusted, for the San Francisco-Oakland-Fremont, CA Metropolitan Statistical Area. It provides important insights into the health and growth of the local labor market.
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, Seasonally Adjusted employment data tracks the total number of nonfarm payroll jobs in the San Francisco-Oakland-Fremont metro area on a monthly basis. This metric is a key indicator of economic activity and a critical input for policymakers and analysts studying regional employment trends.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is closely watched by the Federal Reserve, local governments, and private-sector analysts to assess the strength of the regional economy.
Key Facts
- The San Francisco metro area has over 1.2 million nonfarm payroll jobs.
- Employment levels peaked in early 2020 before declining due to the COVID-19 pandemic.
- The tech sector accounts for a significant portion of nonfarm jobs in this region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of nonfarm payroll jobs in the San Francisco-Oakland-Fremont metropolitan area on a monthly basis, seasonally adjusted.
Q: Why is this trend relevant for users or analysts?
A: The monthly nonfarm employment data is a key indicator of the strength and growth of the regional economy, providing important insights for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is closely monitored by the Federal Reserve, local governments, and private-sector analysts to assess the strength of the San Francisco regional economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU53000002023800001SA), retrieved from FRED.