Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Canada
Quarterly, Seasonally Adjusted
LREM24MACAQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.00
Year-over-Year Change
-6.20%
Date Range
1/1/1976 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted measure provides insights into the level of employment in the U.S. manufacturing sector. This metric is closely watched by economists and policymakers as a key indicator of economic health and production capacity.
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
This series represents the total number of employees in the U.S. manufacturing industry, adjusted for seasonal variations. It is a vital statistic used to analyze workforce trends, production capacity, and the overall state of the manufacturing sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers closely monitor this metric to assess the strength of the manufacturing industry and its impact on the broader economy.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing accounts for approximately 11% of the U.S. GDP.
- Manufacturing productivity has increased by over 20% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the U.S. manufacturing industry, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly, Seasonally Adjusted manufacturing employment metric is a key indicator of the health and production capacity of the U.S. manufacturing sector, which is closely watched by economists and policymakers.
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 metric to assess the strength of the manufacturing industry and its impact on the broader economy, informing decisions on economic policy and interventions.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted manufacturing employment data is subject to periodic revisions and may have a delay of several weeks before being published.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LREM24MACAQ156S), retrieved from FRED.