Employment for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
Thousands of Jobs
IPUUN812320W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.60
Year-over-Year Change
-38.94%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' indicator tracks the total number of jobs in the U.S. manufacturing sector, providing insight into the overall health of the economy.
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
This data series, published by the U.S. Federal Reserve, measures the number of manufacturing jobs in thousands. It is a key economic indicator used by policymakers, analysts, and economists to assess employment trends and labor market conditions.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market participants monitor this indicator to understand the strength of the manufacturing industry and its impact on the broader economy.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing accounts for approximately 11% of total U.S. employment.
- Job growth in the manufacturing industry is a key driver of overall economic expansion.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' indicator tracks the total number of jobs in the U.S. manufacturing sector, providing insight into the overall health of the economy.
Q: Why is this trend relevant for users or analysts?
A: This data series is a key economic indicator used by policymakers, analysts, and economists to assess employment trends and labor market conditions in the manufacturing industry, which is a crucial driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market participants monitor this indicator to understand the strength of the manufacturing industry and its impact on the broader economy, which can inform policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The 'Thousands of Jobs' data is published monthly by the U.S. Federal Reserve, with a typical release lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Thousands of Jobs (IPUUN812320W200000000), retrieved from FRED.