All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Alabama
Annual, Not Seasonally Adjusted
SMU01000005552200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.70
Year-over-Year Change
-7.14%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted employment level in the Mining and Logging sector of the U.S. economy. It provides insights into the long-term employment trends in this critical 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
The Annual, Not Seasonally Adjusted employment level tracks the total number of jobs in the Mining and Logging sector on a yearly basis without adjusting for seasonal variations. This time series is used by economists and policymakers to analyze structural shifts and long-term employment patterns in the natural resource extraction industries.
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 relevant for understanding the health and outlook of the U.S. natural resource and energy sectors.
Key Facts
- Mining and Logging account for around 600,000 jobs in the U.S.
- Employment in this sector peaked in 2014 and has declined since then.
- The not seasonally adjusted data shows more pronounced annual variations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment level in the Mining and Logging sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides insights into the long-term structural shifts and patterns in the natural resource extraction industries, which are crucial for understanding the health and outlook of the U.S. energy and manufacturing sectors.
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: This employment trend is used by economists and policymakers to analyze the health and outlook of the U.S. natural resource and energy sectors, which have significant implications for energy policy, trade, and broader macroeconomic conditions.
Q: Are there update delays or limitations?
A: The not seasonally adjusted data may show more pronounced annual variations compared to seasonally adjusted figures, and there can be publication delays of a month or more.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU01000005552200001A), retrieved from FRED.