Employment for Mining: Support Activities for Mining (NAICS 213) in the United States
IPUBN213W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
280.50
Year-over-Year Change
-30.64%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the support activities for mining industry in the United States. It provides valuable insights into the labor dynamics of the mining sector, a key driver of economic growth and energy production.
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 Employment for Mining: Support Activities for Mining (NAICS 213) in the United States metric tracks the number of people employed in industries that provide support services for the mining of minerals, oil, and gas. This data is used by economists and policymakers to analyze the health and trends within the mining industry.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses.
Historical Context
This employment trend is relevant for understanding broader economic conditions, as the mining industry is a significant contributor to GDP and energy supply.
Key Facts
- Mining supports over 1.8 million jobs in the U.S.
- Support activities account for 25% of total mining employment.
- Employment in mining support services has grown 10% since 2015.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of people employed in industries that provide support services for the mining of minerals, oil, and gas in the United States.
Q: Why is this trend relevant for users or analysts?
A: This employment data is used by economists and policymakers to analyze the health and trends within the mining industry, a key driver of economic growth and energy production.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for understanding broader economic conditions, as the mining industry is a significant contributor to GDP and energy supply.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely insights into the mining industry's employment situation.
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Citation
U.S. Federal Reserve, Employment for Mining: Support Activities for Mining (NAICS 213) in the United States (IPUBN213W200000000), retrieved from FRED.