Employed full time: Wage and salary workers: Paving, surfacing, and tamping equipment operators occupations: 16 years and over
LEU0254505900A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.00
Year-over-Year Change
-25.93%
Date Range
1/1/2000 - 1/1/2019
Summary
Tracks employment levels for paving and surfacing equipment operators across the United States. Provides insights into construction and infrastructure labor market 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 full-time workers in specialized construction equipment operation roles. It reflects infrastructure development and construction industry workforce trends.
Methodology
Data collected through monthly Bureau of Labor Statistics household and establishment surveys.
Historical Context
Used by policymakers to assess infrastructure investment and labor market health.
Key Facts
- Reflects specialized construction workforce trends
- Indicates infrastructure development potential
- Part of comprehensive labor market analysis
FAQs
Q: What do paving equipment operators do?
A: They operate machinery for road construction, surfacing, and infrastructure projects. Typically work in transportation and municipal construction sectors.
Q: How does this employment data impact economic planning?
A: Helps governments and businesses forecast infrastructure investment and workforce needs. Indicates construction sector health.
Q: Are paving equipment operator jobs growing?
A: Employment trends depend on infrastructure spending and economic development cycles.
Q: What skills are required for this occupation?
A: Requires technical training, heavy machinery certification, and physical capability to operate complex equipment.
Q: How often is this data updated?
A: Monthly updates provide current employment snapshots from the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Paving Equipment Operators Employment (LEU0254505900A), retrieved from FRED.