A timely and accurate assessment of labor market conditions is essential for policymakers and market participants. Our SF Fed Blog by Òscar Jordà and Sanjay Singh introduces our weekly Labor Market Stress Indicator data page, which tracks state-level labor market developments to better understand in real time what these data can tell us about the U.S. economy.
The Federal Reserve Bank of San Francisco (SF Fed) works to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers the nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. By pursuing our two key goals of maximum employment and price stability—known as the Fed’s dual mandate—we work toward supporting an economy that works for everyone.