Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Norway
Persons, Annual, Not Seasonally Adjusted
LFEM55MANOA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
271,375.00
Year-over-Year Change
21.97%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual number of persons employed in the manufacturing sector, without seasonal adjustments. It provides insights into the labor market and production activity within the U.S. manufacturing 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 'Persons, Annual, Not Seasonally Adjusted' series tracks the total number of individuals employed in the manufacturing sector on an annual basis, without accounting for typical seasonal fluctuations. This data is used by economists and policymakers to analyze long-term trends and the overall health of the U.S. manufacturing labor force.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey of businesses.
Historical Context
This metric is closely monitored by the Federal Reserve and other institutions to assess the strength of the manufacturing economy and inform economic policy decisions.
Key Facts
- Manufacturing employs over 12 million workers in the U.S.
- Annual manufacturing employment has declined since the 1970s
- The sector accounts for nearly 12% of total U.S. economic output
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the U.S. manufacturing sector on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment data provides important insights into the health and productivity of a key sector of the U.S. economy, which is closely watched by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly survey of businesses, the Current Employment Statistics (CES) program.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor manufacturing employment trends to assess the strength of the economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The manufacturing employment data is published with a slight delay, as it requires collecting and aggregating information from a large sample of businesses nationwide.
Related Trends
Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Norway
LMUNRLTTNOM647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Norway
CPGREN01NOM659N
Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Norway
LREM55MANOA156N
Financial Market: Share Prices for Norway
SPASTT01NOQ661N
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Norway
LFEAICTTNOA647S
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Norway
LREM24FENOQ156S
Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM55MANOA647N), retrieved from FRED.