Employed full time: Wage and salary workers: Machine feeders and offbearers occupations: 16 years and over
LEU0254523900A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
-19.23%
Date Range
1/1/2000 - 1/1/2024
Summary
Tracks employment levels for machine feeders and offbearers in full-time wage and salary positions. Provides insight into manufacturing workforce dynamics and industrial labor trends.
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 workers in machine feeding and offbearer occupations across the United States. It reflects industrial production and labor market composition.
Methodology
Data collected through the Bureau of Labor Statistics Current Population Survey.
Historical Context
Used to analyze manufacturing sector employment and workforce structural changes.
Key Facts
- Represents full-time workers in specialized manufacturing roles
- Indicates industrial sector labor market health
- Reflects technological and production workforce changes
FAQs
Q: What do machine feeders and offbearers do?
A: They operate machinery and handle materials in manufacturing settings. These workers support production processes by loading and unloading equipment.
Q: How does this employment data impact economic analysis?
A: It provides insights into manufacturing sector health and workforce composition. Economists use this data to track industrial labor trends.
Q: Are machine feeder jobs declining?
A: Automation and technological advances may be reducing traditional machine feeding roles over time.
Q: How often is this employment data updated?
A: The Bureau of Labor Statistics typically updates this data monthly through the Current Population Survey.
Q: What factors influence machine feeder employment?
A: Technological innovation, manufacturing output, and economic conditions directly impact these employment levels.
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Citation
U.S. Federal Reserve, Machine Feeders and Offbearers Employment (LEU0254523900A), retrieved from FRED.