Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Australia
Annual, Seasonally Adjusted
LREM64FEAUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.03
Year-over-Year Change
11.21%
Date Range
1/1/1979 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' series measures the annual rate of change in employment in the U.S. financial sector. This key economic indicator provides insights into the health and growth of the financial industry.
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 data series tracks the year-over-year change in employment levels for the finance and insurance sector in the United States. It is a valuable metric for analyzing trends in job creation and labor market dynamics within the financial services industry.
Methodology
The data is collected and reported monthly by the U.S. Bureau of Labor Statistics through the Current Employment Statistics survey.
Historical Context
Policymakers and economists closely monitor this series to assess the broader economic conditions and outlook for the financial sector.
Key Facts
- The finance and insurance sector accounts for approximately 6% of total U.S. employment.
- Employment in the financial sector has grown by an average of 1.5% annually over the past decade.
- The COVID-19 pandemic led to a sharp decline in financial sector employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the year-over-year change in employment levels for the finance and insurance sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and growth of the financial industry, which is a key driver of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Bureau of Labor Statistics through the Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this series to assess the broader economic conditions and outlook for the financial sector, which is crucial for informing policy decisions.
Q: Are there update delays or limitations?
A: The data is reported monthly with a typical lag of one to two months, so there may be some delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM64FEAUA156S), retrieved from FRED.