Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Denmark
Annual, Seasonally Adjusted
LFHUADMADKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48,000.00
Year-over-Year Change
-47.92%
Date Range
1/1/1983 - 1/1/2022
Summary
This series measures the annual, seasonally adjusted employment level in the U.S. manufacturing sector. It is a key indicator of economic health and productivity.
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, Seasonally Adjusted employment level in manufacturing represents the total number of workers employed in the U.S. manufacturing industry over a 12-month period, with seasonal fluctuations removed. This metric is closely watched by economists, policymakers, and investors to gauge the strength of the manufacturing sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in manufacturing employment are closely tied to broader economic conditions and can inform policy decisions related to trade, investment, and workforce development.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing output accounts for about 11% of U.S. GDP.
- The manufacturing industry has seen a decline in employment over the past decades due to automation and globalization.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of workers employed in the U.S. manufacturing industry on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key indicator of economic health and productivity, and changes in this metric can inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Changes in manufacturing employment are closely watched by policymakers and can inform decisions related to trade, investment, and workforce development.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUADMADKA647S), retrieved from FRED.