All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Mississippi
Annual, Not Seasonally Adjusted
SMU28000007071000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.40
Year-over-Year Change
9.47%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures annual employment in the U.S. mining industry. It provides important insights into a critical sector of the 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, Not Seasonally Adjusted employment series tracks the total number of jobs in the U.S. mining industry on a yearly basis. This data is a key indicator of activity and workforce trends in a sector that is vital to the broader economy.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor mining employment figures to gauge the health and outlook of the industry.
Key Facts
- The mining industry accounts for approximately 600,000 U.S. jobs.
- Mining employment has declined by over 25% since 2014.
- The mining sector represents less than 1% of total U.S. nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of jobs in the U.S. mining industry on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Mining employment is a key indicator of activity and workforce trends in a vital sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor mining employment figures to gauge the health and outlook of the industry.
Q: Are there update delays or limitations?
A: This annual data series may have a longer update lag compared to some monthly economic indicators.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU28000007071000001A), retrieved from FRED.