Employed full time: Wage and salary workers: Lathe and turning machine tool setters, operators, and tenders, metal and plastic occupations: 16 years and over: Men
LEU0254621600A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-58.33%
Date Range
1/1/2000 - 1/1/2019
Summary
Tracks full-time employment for male lathe and turning machine tool operators in metal and plastic industries. Provides insight into manufacturing 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 men working full-time in specialized manufacturing machine operations. It reflects industrial labor market trends.
Methodology
Data collected through monthly Current Population Survey by the Bureau of Labor Statistics.
Historical Context
Used to analyze manufacturing employment and workforce composition in technical occupations.
Key Facts
- Specialized manufacturing occupation tracking
- Reflects precision machining workforce trends
- Part of broader industrial employment metrics
FAQs
Q: What does this employment series measure?
A: Tracks full-time male employment in lathe and turning machine tool operations across metal and plastic industries.
Q: Why are these employment statistics important?
A: Provides critical insights into manufacturing sector labor market health and workforce composition.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.
Q: What industries use these machine tool operators?
A: Primarily manufacturing sectors involving metal and plastic precision machining.
Q: Can this data predict economic trends?
A: Offers valuable indicators of manufacturing sector employment and potential economic shifts.
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Citation
U.S. Federal Reserve, Lathe and Turning Machine Tool Operators (LEU0254621600A), retrieved from FRED.