Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Denmark
Annual, Seasonally Adjusted
LREM64TTDKA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.23
Year-over-Year Change
8.73%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted manufacturing employment in the U.S. It is a key indicator of the health and productivity of the manufacturing 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 annual, seasonally adjusted manufacturing employment data tracks the number of workers employed in U.S. manufacturing industries over time. This metric is widely used by economists and policymakers to assess the strength and competitiveness of the domestic manufacturing base.
Methodology
The data is collected through household and establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in manufacturing employment are closely monitored for their implications on economic growth, international trade, and industrial policy.
Key Facts
- U.S. manufacturing employs over 12 million workers.
- Manufacturing accounts for over 10% of U.S. GDP.
- The sector has seen steady employment declines since the 1970s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted number of workers employed in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key indicator of the health and competitiveness of the U.S. industrial base, with implications for economic growth, trade, and policy.
Q: How is this data collected or calculated?
A: The data is collected through household and establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in manufacturing employment are closely monitored by policymakers and economists for their insights into industrial policy, trade, and the broader health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM64TTDKA156S), retrieved from FRED.