Employment for Other Services (Except Public Administration): Hair, Nail, and Skin Care Services (NAICS 81211) in the United States
Thousands of Jobs
IPUUN81211W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,098.10
Year-over-Year Change
16.56%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the total number of jobs in thousands for the U.S. manufacturing industry. It is a key indicator of economic growth and labor market conditions.
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 trend tracks the total number of persons employed in the manufacturing sector in the United States. This metric is widely used by economists and policymakers to assess the overall health and performance of the U.S. economy.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers monitor this indicator to inform decisions on interest rates, fiscal policy, and other interventions.
Key Facts
- The manufacturing sector accounts for approximately 11% of total U.S. employment.
- Manufacturing jobs declined significantly during the 2008-2009 recession but have since partially recovered.
- Trends in manufacturing employment are closely watched for signals about the broader economic outlook.
FAQs
Q: What does this economic trend measure?
A: The Thousands of Jobs trend measures the total number of persons employed in the manufacturing sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to assess the overall health and performance of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers monitor this indicator to inform decisions on interest rates, fiscal policy, and other interventions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of 1-2 weeks from the reference period.
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Real Sectoral Output for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) in the United States
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Citation
U.S. Federal Reserve, Thousands of Jobs (IPUUN81211W200000000), retrieved from FRED.