Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Denmark
Annual, Seasonally Adjusted
LREM25TTDKA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.68
Year-over-Year Change
2.79%
Date Range
1/1/1999 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted employment level in the U.S. manufacturing sector. It is a key indicator of the overall health and productivity of the American industrial 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 level represents the total number of manufacturing jobs in the United States, adjusted to account for regular seasonal fluctuations. Economists and policymakers closely monitor this metric to gauge the strength of the manufacturing industry and its broader impact on the national economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used to inform economic policy decisions and business investment strategies.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing accounts for nearly 12% of total U.S. economic output.
- Employment in the sector has declined by over 30% since the 1970s.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of manufacturing jobs in the United States, adjusted to account for regular seasonal variations in employment.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment level is a key indicator of the overall health and productivity of the American industrial economy, making it highly relevant for economists, policymakers, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is widely used to inform economic policy decisions and business investment strategies, as it provides insights into the strength and trajectory of the manufacturing sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical one-month lag between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM25TTDKA156S), retrieved from FRED.