Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Sweden
Quarterly, Not Seasonally Adjusted
LFEAICTTSEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
905,100.00
Year-over-Year Change
0.88%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the total employment in the Information and Communications Technology (ICT) sector of the U.S. economy on a quarterly basis without seasonal adjustments. Understanding ICT employment is crucial for policymakers and analysts assessing the health and growth of the technology 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 Quarterly, Not Seasonally Adjusted ICT Employment trend provides a detailed snapshot of the total number of workers employed in the Information and Communications Technology sector in the United States. This data is used by economists, industry analysts, and policymakers to track the evolution of the technology labor market and inform decisions around economic policy, workforce development, and technology industry trends.
Methodology
The data is collected through surveys of U.S. businesses and establishments by the Bureau of Labor Statistics.
Historical Context
This economic indicator is closely monitored by government agencies, industry groups, and financial markets to gauge the strength and direction of the technology sector.
Key Facts
- The ICT sector accounts for over 3.5 million jobs in the U.S. economy.
- ICT employment has grown by over 10% in the past 5 years.
- The ICT sector is a key driver of U.S. economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the Information and Communications Technology (ICT) sector of the U.S. economy on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Understanding ICT employment is crucial for policymakers, industry analysts, and economists to assess the health and growth of the technology sector, which is a key driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and establishments by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This economic indicator is closely monitored by government agencies, industry groups, and financial markets to gauge the strength and direction of the technology sector, which informs decisions around economic policy, workforce development, and technology industry trends.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of 1-2 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEAICTTSEQ647N), retrieved from FRED.