The annual Office of Minority and Women Inclusion Report summarizes the efforts of the Federal Reserve Bank of San Francisco to promote inclusion and diversity in its employment, procurement, and financial education activities. The Bank’s leadership believes that diversity is critical to achieving the Bank’s mission and business objectives.

Download 2022 Annual Report to Congress (pdf, 4.84 mb)

Previous OMWI Annual Reports

2021 Annual Report to Congress (pdf, 2.9 mb)
2020 Annual Report to Congress (pdf, 6 mb)

Our Workforce in 2022

As of December 31, 2022, the overall composition of the SF Fed’s
workforce was 62% minority (36% Asian, 17% Hispanic, 7% Black, 2% other) and 45% female.

Economist and Research Assistant Diversity Data

The information below shows the racial/ethnic and gender makeup of Ph.D. economists and research assistants at the Federal Reserve Bank of San Francisco. The SF Fed employs economists across a wide range of areas of expertise. Research Assistants (RAs) are generally hired directly after undergraduate study and work alongside economists. RAs are usually in their positions for a few years and leave the role well-suited to pursue a graduate degree—often in economics.

PhD/Research Assistant Asian Black/African American Hispanic/Latino Two or More White Count
Female Male Female Male Female Male Female Male Female Male
PhD Economics 4 4 0 1 1 5 1 0 8 20 44
Research Assistant 2 3 1 0 1 1 1 0 3 6 18

Data as of 12/31/22.