The Federal Reserve Bank of San Francisco has launched a new weekly Labor Market Stress Indicator data page, according to an announcement on October 3, 2025. The tool is designed to provide timely and accurate assessments of labor market conditions across U.S. states.
According to Òscar Jordà and Sanjay Singh, contributors to the SF Fed Blog, the indicator will help track state-level labor market developments in real time. “A timely and accurate assessment of labor market conditions is essential for policymakers and market participants,” they stated.
The Federal Reserve Bank of San Francisco serves the Twelfth Federal Reserve District, which includes nine western states as well as American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. The bank’s efforts are focused on advancing monetary, financial, and payment systems with the aim of building a stronger economy for all Americans.
The SF Fed emphasized its commitment to pursuing maximum employment and price stability as part of its dual mandate. “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,” according to the statement.
