Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Canada
Monthly, Not Seasonally Adjusted
LREM24TTCAM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.50
Year-over-Year Change
-0.34%
Date Range
1/1/1976 - 6/1/2025
Summary
This trend measures the number of non-seasonally adjusted employees in the real estate, rental, and leasing industry in the United States. It is a key indicator of economic activity and labor market dynamics in the real estate 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 Monthly, Not Seasonally Adjusted real estate, rental, and leasing employment series tracks the total number of workers in this industry without adjusting for typical seasonal patterns. It provides insight into the real-time state of the real estate labor market and supports analysis of industry trends.
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 closely monitored by policymakers, economists, and real estate market participants to assess the health and trajectory of the real estate industry.
Key Facts
- The real estate, rental, and leasing industry employs over 2.3 million workers in the U.S.
- Real estate employment has grown by 7.5% over the past 5 years.
- The industry accounts for approximately 1.5% of total U.S. non-farm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the real estate, rental, and leasing industry in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This non-seasonally adjusted employment data provides important insights into the current state and recent performance of the real estate industry, which is a key driver of economic activity.
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, economists, and real estate market participants closely monitor this employment trend to assess the health and trajectory of the real estate industry, which has broad implications for the overall economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There are no major known limitations to this series.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LREM24TTCAM156N), retrieved from FRED.