Employed Persons in Midwest Census Region
LASRD920000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,416,388.00
Year-over-Year Change
0.33%
Date Range
1/1/1976 - 6/1/2025
Summary
This economic trend measures the number of employed persons in the Midwest Census region of the United States. Understanding regional employment dynamics is crucial for policymakers and economists analyzing 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 Employed Persons in Midwest Census Region indicator provides insights into the employment landscape across several states, including Illinois, Indiana, Michigan, Ohio, and Wisconsin. This data helps economists and analysts evaluate the relative strength of the regional labor market compared to national trends.
Methodology
The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
This regional employment metric is closely watched by the Federal Reserve and other policymakers when assessing the health of the broader U.S. economy.
Key Facts
- The Midwest region accounts for over 20% of total U.S. employment.
- Manufacturing is a significant industry driver in the Midwest labor market.
- Employment levels in the Midwest have historically been less volatile than other regions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of employed persons residing in the Midwest Census region of the United States, which includes several Midwestern states.
Q: Why is this trend relevant for users or analysts?
A: Understanding regional employment dynamics is crucial for policymakers and economists analyzing labor market conditions and the broader health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This regional employment metric is closely watched by the Federal Reserve and other policymakers when assessing the strength of the U.S. labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The Employed Persons in Midwest Census Region data is published monthly with minimal delays, providing timely insights into regional employment trends.
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Citation
U.S. Federal Reserve, Employed Persons in Midwest Census Region (LASRD920000000000005), retrieved from FRED.