Employment for Administrative and Support and Waste Management and Remediation Services: Services to Buildings and Dwellings (NAICS 5617) in the United States
Thousands of Jobs
IPUPN5617W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,108.10
Year-over-Year Change
17.80%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' trend measures changes in the number of jobs in the U.S. It is a key economic indicator used by policymakers and analysts to assess the overall health of the 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 'Thousands of Jobs' metric tracks month-over-month fluctuations in the total number of jobs across all sectors of the U.S. economy. It is a widely followed economic indicator that provides insight into broader employment trends and consumer demand.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other policymakers to inform decisions around interest rates, employment goals, and broader economic policy.
Key Facts
- The U.S. economy added over 200,000 jobs in the most recent month.
- The unemployment rate remains below 4% nationally.
- Job growth has been strongest in the technology and healthcare sectors.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' metric tracks the total number of jobs added or lost across all sectors of the U.S. economy on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This is a key indicator of the overall health of the labor market and broader economic conditions. It provides important insights for policymakers, investors, and other stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this employment data to inform decisions around interest rates, employment goals, and broader economic policy.
Q: Are there update delays or limitations?
A: The 'Thousands of Jobs' data is released monthly by the Bureau of Labor Statistics, with a typical 1-2 week delay from the end of the reference period.
Related Trends
Employment for Administrative and Support and Waste Management and Remediation Services: Facilities Support Services (NAICS 561210) in the United States
IPUPN561210W010000000
Sectoral Output for Administrative and Support and Waste Management and Remediation Services: Travel Agencies (NAICS 561510) in the United States
IPUPN561510T300000000
Real Sectoral Output for Administrative and Support and Waste Management and Remediation Services: Travel Agencies (NAICS 56151) in the United States
IPUPN56151T011000000
Hours Worked for Administrative and Support and Waste Management and Remediation Services: Facilities Support Services (NAICS 5612) in the United States
IPUPN5612L201000000
Output per Worker for Administrative and Support and Waste Management and Remediation Services: Travel Arrangement and Reservation Services (NAICS 5615) in the United States
IPUPN5615W000000000
Labor Productivity for Administrative and Support and Waste Management and Remediation Services: Travel Agencies (NAICS 561510) in the United States
IPUPN561510L001000000
Citation
U.S. Federal Reserve, Thousands of Jobs (IPUPN5617W200000000), retrieved from FRED.