Employed full time: Wage and salary workers: Retail salespersons occupations: 16 years and over
LEU0254497500A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,585.00
Year-over-Year Change
-13.95%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the number of people employed full-time in retail salesperson occupations in the United States. It provides important insights into the retail labor market and consumer-facing economic activity.
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 Employed full time: Wage and salary workers: Retail salespersons occupations: 16 years and over trend tracks the total number of individuals working full-time in retail sales positions across the country. This metric is a valuable indicator of the health and activity within the retail sector.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to assess consumer demand and the broader state of the economy.
Key Facts
- Retail salespersons are the largest occupational group in the U.S.
- Employment in this sector is a key indicator of consumer confidence.
- The trend has fluctuated significantly during economic cycles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed full-time in retail salesperson occupations in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health of the retail sector and consumer-facing economic activity, which is closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Trends in retail employment are used by policymakers and institutions to assess consumer demand and the broader state of the economy, informing decision-making and economic policy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical update delay of 1-2 months.
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Citation
U.S. Federal Reserve, Employed full time: Wage and salary workers: Retail salespersons occupations: 16 years and over (LEU0254497500A), retrieved from FRED.