Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Finland
Annual, Seasonally Adjusted
LFWA74TTFIA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,130,200.00
Year-over-Year Change
1.85%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the total annual, seasonally adjusted employment levels in the information sector, providing key insights into the U.S. labor market and 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 tracks the total number of people employed in the information industry, which includes sectors like publishing, telecommunications, data processing, and broadcasting. This metric is closely monitored by economists and policymakers to gauge the health and growth of the information-driven segments of the U.S. 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 employment trend serves as an important economic indicator for analysts and policymakers examining labor market conditions and the broader information technology industry.
Key Facts
- The information sector accounts for over 3 million U.S. jobs.
- Employment in this sector has grown by over 10% in the past decade.
- Information industry jobs pay 50% higher wages on average compared to other private-sector jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual, seasonally adjusted employment levels in the information sector of the U.S. economy, which includes industries like publishing, telecommunications, and data processing.
Q: Why is this trend relevant for users or analysts?
A: The information sector employment trend is a key indicator of economic activity and growth, providing insights into the health and trajectory of technology-driven industries that are critical to the 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: Policymakers and economists monitor this employment trend to assess labor market conditions and the performance of the information industry, which informs decision-making on economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag, and the seasonally adjusted figures may be subject to periodic revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA74TTFIA647S), retrieved from FRED.