Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Portugal
Annual, Not Seasonally Adjusted
LFEAICTTPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,265,200.00
Year-over-Year Change
10.64%
Date Range
1/1/1998 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted employment level for the information and communication technology (ICT) sector in the United States. It provides insights into the overall employment trends within this key 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
The Annual, Not Seasonally Adjusted employment series for the ICT sector tracks the total number of people employed in information and communication technology-related occupations and industries across the U.S. economy. This metric is used by economists and policymakers to analyze workforce dynamics and productivity in the technology sector.
Methodology
The data is collected through the U.S. Current Population Survey (CPS), a monthly household survey conducted by the Census Bureau.
Historical Context
This employment trend is used to inform economic policy decisions and market analysis related to the technology industry.
Key Facts
- The ICT sector accounts for over 3 million jobs in the U.S.
- Employment in the ICT sector has grown by 25% over the past decade.
- Technology occupations make up about 5% of the total U.S. workforce.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted employment level for the information and communication technology (ICT) sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall employment dynamics and workforce composition within the critical technology industry, which is a key driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey (CPS), a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment trend to inform decisions and analysis related to the technology sector, workforce development, and overall economic competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a lag of approximately one month. There may be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEAICTTPTA647N), retrieved from FRED.