Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Norway
Not Seasonally Adjusted
LCEAMN01NOQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.45
Year-over-Year Change
17.31%
Date Range
1/1/1959 - 1/1/2025
Summary
The 'Not Seasonally Adjusted' trend measures the monthly level of manufacturing employment in the United States without adjusting for seasonal variations. This data provides important context for interpreting 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 'Not Seasonally Adjusted' metric tracks the absolute number of manufacturing jobs in the U.S. on a monthly basis, without accounting for typical seasonal patterns. This raw data offers analysts a direct view of underlying employment trends, complementing seasonally adjusted figures.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to understand the underlying state of the manufacturing labor market.
Key Facts
- Manufacturing accounts for approximately 8% of U.S. employment.
- The manufacturing sector has seen a long-term decline in total jobs since the 1970s.
- Seasonal adjustments help smooth out regular employment patterns, like holiday hiring.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the raw, unadjusted level of manufacturing employment in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important context for interpreting labor market conditions, as it offers a direct view of underlying employment patterns without the influence of seasonal factors.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to understand the underlying state of the manufacturing labor market, which is a key sector for the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag, and may be subject to revision as more information becomes available.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (LCEAMN01NOQ661N), retrieved from FRED.