Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Turkiye
Annual, Seasonally Adjusted
LFEACNTTTRA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,157,225.00
Year-over-Year Change
26.22%
Date Range
1/1/2006 - 1/1/2024
Summary
The Annual, Seasonally Adjusted economic trend measures the annual change in employment in the agriculture, forestry, fishing, and hunting sector. This metric is closely watched by economists and policymakers to understand labor market dynamics in this important industry.
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 series tracks the year-over-year change in total employment for the agriculture, forestry, fishing, and hunting sector in the United States. It is seasonally adjusted to account for typical seasonal variations in hiring and employment.
Methodology
The data is collected through household and establishment surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform economic and policy decisions related to the agriculture industry.
Key Facts
- The agriculture, forestry, fishing, and hunting sector accounts for over 2 million U.S. jobs.
- Employment in this sector is highly seasonal, peaking in the summer months.
- Trends in this data can indicate broader economic conditions in rural America.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the year-over-year change in total employment for the agriculture, forestry, fishing, and hunting sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to understand labor market dynamics in this important industry, which is a significant employer in many rural areas.
Q: How is this data collected or calculated?
A: The data is collected through household and establishment surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic and policy decisions related to the agriculture industry, such as trade, subsidies, and workforce development programs.
Q: Are there update delays or limitations?
A: The data is reported monthly, with a lag of several weeks. Seasonal adjustment may cause revisions to prior periods.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFEACNTTTRA647S), retrieved from FRED.