Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for Switzerland
Quarterly, Seasonally Adjusted
LFIN55TTCHQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
277,305.00
Year-over-Year Change
-2.50%
Date Range
4/1/1998 - 1/1/2025
Summary
This quarterly, seasonally adjusted series measures the total change in employment in the finance and insurance sector. It is a key indicator of economic activity and labor market conditions.
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 total change in finance and insurance employment represents the net job growth or loss in this important industry. Economists and policymakers closely monitor this trend to assess the overall health of the job market and financial sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly poll of businesses.
Historical Context
This employment trend informs decisions on monetary and fiscal policies that affect the finance industry.
Key Facts
- Finance and insurance is the largest private-sector industry in the U.S.
- The sector accounts for over 6 million jobs nationwide.
- Employment in finance has grown by 10% since the 2008 recession.
FAQs
Q: What does this economic trend measure?
A: This quarterly, seasonally adjusted series tracks the total change in employment in the finance and insurance sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The finance and insurance industry is a critical component of the U.S. economy, so changes in its employment levels provide important insights into overall economic conditions and labor market health.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly poll of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor finance employment trends to inform decisions on monetary and fiscal policies that affect the finance industry and broader economy.
Q: Are there update delays or limitations?
A: The employment data is released on a quarterly basis with a slight delay, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN55TTCHQ647S), retrieved from FRED.