Employed full time: Wage and salary workers: Tellers occupations: 16 years and over
LEU0254499900A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173.00
Year-over-Year Change
-35.45%
Date Range
1/1/2000 - 1/1/2024
Summary
Tracks full-time employment for bank tellers across the United States. Provides critical insights into financial services labor market trends and workforce dynamics.
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 employment series measures the number of full-time tellers aged 16 and older in wage and salary positions. It reflects banking sector employment patterns.
Methodology
Data collected through monthly Current Population Survey by the Bureau of Labor Statistics.
Historical Context
Used by policymakers and economists to analyze financial services employment trends.
Key Facts
- Represents full-time teller workforce nationwide
- Includes workers 16 years and older
- Reflects banking sector employment health
FAQs
Q: How many full-time tellers are typically employed?
A: Employment levels vary by economic conditions. Typically ranges between 300,000-500,000 workers nationwide.
Q: What impacts teller employment trends?
A: Digital banking, branch consolidation, and economic conditions significantly influence teller job markets.
Q: How often is this data updated?
A: Monthly updates provide current employment snapshots from the Bureau of Labor Statistics.
Q: Are teller jobs declining?
A: Automation and online banking have gradually reduced traditional teller positions in recent years.
Q: What educational background do tellers typically have?
A: Most tellers have high school diplomas, with some college education preferred by many banks.
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Citation
U.S. Federal Reserve, Tellers Occupations Employment (LEU0254499900A), retrieved from FRED.