Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for Ireland
Quarterly, Not Seasonally Adjusted
LFIN55TTIEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
174,400.00
Year-over-Year Change
-2.95%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the percentage of the labor force that is employed in the finance and insurance industry on a quarterly, not seasonally adjusted basis. It provides insights into the health and dynamics of the finance 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 (Not Seasonally Adjusted) trend tracks the number of people employed in the finance and insurance industry in the United States. This metric is used by economists and policymakers to monitor employment trends within a key sector of the economy.
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 relevant for understanding the state of the finance industry and its contribution to overall economic activity.
Key Facts
- The finance and insurance industry employs over 6 million people in the U.S.
- Employment in this sector has grown by 8% over the past decade.
- The finance and insurance industry accounts for over 4% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the U.S. labor force employed in the finance and insurance industry on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and dynamics of the finance sector, which is a key driver of economic activity in the United States.
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: Policymakers and economists use this trend to monitor employment in the finance industry, which can inform decisions and policies related to the overall economy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, and there may be a slight delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFIN55TTIEQ647N), retrieved from FRED.