Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 24 Years for Portugal
Annual, Seasonally Adjusted
LFIN24TTPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
706,900.00
Year-over-Year Change
-1.10%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the total employment of the finance and insurance industry in the United States on an annual, seasonally adjusted basis. It is a key indicator of the health and performance of the financial sector.
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 finance and insurance employment trend tracks the number of individuals employed in the finance and insurance industry, including banking, investment, insurance, and other financial services. This metric provides insight into the size and growth of the financial sector, which is a critical component of the broader U.S. economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to assess the economic conditions and outlook for the finance and insurance industry.
Key Facts
- The finance and insurance industry employs over 6 million people in the U.S.
- This sector accounts for approximately 4% of total U.S. employment.
- Finance and insurance employment has grown by 10% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment in the finance and insurance industry in the United States on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The finance and insurance employment trend provides valuable insight into the performance and growth of a critical sector of the U.S. economy, which is closely monitored by policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the economic conditions and outlook for the finance and insurance industry, which can inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a slight delay, and may be subject to revisions as more information becomes available.
Related Trends
Harmonized Index of Consumer Prices: Photographic and Cinematographic Equipment and Optical Instruments for Portugal
CP0912PTM086NEST
Liquid Liabilities (Broad Money) for Portugal
DDOI07PTA648NWDB
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Portugal
NAEXKP02PTQ189S
Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for Portugal
GOODS0PTM086NEST
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 64 Years for Portugal
LFAC64FEPTA647S
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Portugal
PRTCP040000IXNBQ
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFIN24TTPTA647S), retrieved from FRED.