Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 74 Years for Estonia
Annual, Seasonally Adjusted
LFIN74TTEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
257,950.00
Year-over-Year Change
-18.11%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment levels in the finance and insurance sector of the U.S. economy. It provides insight into the health and growth of this key industry.
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 series tracks the total number of jobs in subsectors like banking, investment, insurance, and real estate. This data is used by economists and policymakers to analyze workforce trends in 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 employment trend is monitored by the Federal Reserve and other institutions to gauge the overall strength of the financial sector and its contribution to the broader economy.
Key Facts
- Finance and insurance accounted for over 6 million U.S. jobs in 2022.
- The sector saw steady employment growth in the years following the 2008 financial crisis.
- Banking and related activities make up the largest share of finance and insurance jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the finance and insurance sector of the U.S. economy on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and growth of the finance and insurance industry, which is a critical part of the broader U.S. 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: The Federal Reserve and other institutions monitor this employment trend to gauge the strength of the financial sector and its contribution to the overall economy.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis with a lag of several weeks, so there may be a short delay in the most recent figures.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFIN74TTEEA647S), retrieved from FRED.