Infra-Annual Labor Statistics: Working-Age Population Female: 15 Years or over for Israel
Annual, Seasonally Adjusted
LFWATTFEILA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,668,392.00
Year-over-Year Change
26.28%
Date Range
1/1/1995 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted total employment level in the financial activities sector in Illinois. It is a key economic indicator for analysts and policymakers tracking labor market trends and the health of the financial industry in the state.
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 total employment in the Financial Activities sector in Illinois tracks the total number of jobs in industries like banking, insurance, real estate, and finance across the state. This metric provides insight into the size and performance of Illinois' financial services economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this trend to assess the strength of Illinois' financial services industry and its broader economic conditions.
Key Facts
- Illinois' financial activities sector employs over 400,000 workers.
- Employment in this sector has grown by 5% over the past 5 years.
- The financial industry accounts for over 10% of Illinois' total GDP.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of jobs in Illinois' financial activities sector, including industries like banking, insurance, and real estate.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and performance of Illinois' crucial financial services industry, which is a major driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the health of Illinois' financial sector and its broader economic conditions, informing decision-making and policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWATTFEILA647S), retrieved from FRED.