Employment for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States
Thousands of Jobs
IPUUN81292W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.70
Year-over-Year Change
-48.85%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' trend measures the total number of jobs in the U.S. manufacturing industry. It is a key economic indicator used by policymakers and analysts to gauge the health and growth of the manufacturing sector.
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 the total number of payroll jobs in the U.S. manufacturing industry. It is a widely followed indicator of economic activity and a barometer for the strength of the manufacturing labor market.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend provides important insights into the performance of the manufacturing sector, which is a crucial driver of overall economic growth.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing jobs account for about 8% of total U.S. employment.
- The 'Thousands of Jobs' metric has shown steady growth since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' trend measures the total number of payroll jobs in the U.S. manufacturing industry.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the health and performance of the manufacturing sector, which is a critical driver of overall economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the 'Thousands of Jobs' trend to assess the strength of the manufacturing labor market and inform decisions on fiscal and monetary policies.
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 one-month lag.
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Citation
U.S. Federal Reserve, Thousands of Jobs (IPUUN81292W200000000), retrieved from FRED.