Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Estonia
Annual, Seasonally Adjusted
LFIN55MAEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,975.00
Year-over-Year Change
-33.82%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment level in the finance and insurance industry. It provides valuable insights into the health and performance of a key sector of the U.S. economy.
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 series for the finance and insurance industry tracks the total number of workers employed in this sector over the course of a year, with seasonal fluctuations removed. It is a widely monitored economic indicator used to assess the strength and trends within the financial services industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, economists, and market analysts to gauge the overall state of the finance and insurance sector and its implications for the broader economy.
Key Facts
- The finance and insurance industry accounts for approximately 6% of total U.S. employment.
- Employment in this sector has shown steady growth over the past decade.
- The COVID-19 pandemic led to a temporary decline in finance and insurance jobs in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted employment level in the finance and insurance industry, providing insights into the health and performance of this key economic sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by policymakers, economists, and market analysts to gauge the overall state of the finance and insurance sector and its implications for the broader economy.
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: This trend is used by policymakers, economists, and market analysts to assess the performance and health of the finance and insurance industry, which has significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical one-month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFIN55MAEEA647S), retrieved from FRED.