Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Austria
Quarterly, Seasonally Adjusted
LFHUADFEATQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84,666.67
Year-over-Year Change
-19.11%
Date Range
1/1/1994 - 7/1/2023
Summary
This economic indicator measures quarterly, seasonally adjusted employment in the arts, entertainment, and recreation sector of the U.S. economy. It provides insight into the labor force dynamics of this key service 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, Seasonally Adjusted employment trend tracks the number of people employed in the arts, entertainment, and recreation industry in the United States on a quarterly basis, with seasonal adjustments. This data point is widely used by economists and policymakers to analyze the health and trends within the service sector.
Methodology
The data is collected through household and establishment surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is closely monitored for its implications on consumer spending, business investment, and overall economic growth.
Key Facts
- Arts, entertainment, and recreation make up 2% of total U.S. employment.
- The sector saw a 20% decline in employment during the COVID-19 pandemic.
- California and New York account for over 30% of arts and entertainment jobs nationwide.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks quarterly, seasonally adjusted employment in the arts, entertainment, and recreation sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The arts and entertainment industry is an important part of the service sector, and this data provides insights into labor force dynamics and consumer spending patterns in this key economic segment.
Q: How is this data collected or calculated?
A: The data is collected through household and establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is closely monitored by economists and policymakers for its implications on consumer spending, business investment, and overall economic growth.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical 1-2 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUADFEATQ647S), retrieved from FRED.