Quarterly, Seasonally Adjusted
LFIN64FEG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76,207,000.00
Year-over-Year Change
-3.78%
Date Range
1/1/2005 - 4/1/2017
Summary
This quarterly, seasonally adjusted economic trend measures the labor force participation rate for the finance industry in the United States. It provides important insights into workforce dynamics within 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 labor force participation rate represents the share of the working-age population that is employed or actively seeking employment. This metric is closely watched by economists and policymakers as an indicator of labor market health and economic activity.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This trend is used to analyze employment trends and labor market conditions in the finance industry, which is a critical driver of broader economic performance.
Key Facts
- The finance industry accounts for around 4% of total U.S. employment.
- Labor force participation rates tend to be higher in the finance sector compared to the overall economy.
- Quarterly data allows for timely analysis of employment trends in the finance industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for the finance industry in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The finance industry is a critical driver of broader economic performance, so this metric provides important insights into workforce dynamics and labor market conditions within this key sector.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to analyze employment trends and labor market conditions in the finance industry, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, so there may be a delay of several weeks or months between the reference period and the public release of the latest figures.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN64FEG7Q647S), retrieved from FRED.