Capital Account, Net (Excludes Exceptional Financing) for India
Quarterly
CANEEFINQ052N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1975 - 10/1/2008
Summary
The Quarterly Turnover Rate for All Employees in Mining and Logging measures the rate at which workers leave and join the mining and logging industries in the United States. This metric is closely watched by economists and policymakers as an indicator of labor market dynamics and economic conditions.
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
This quarterly turnover rate tracks the proportion of workers who leave their jobs in the mining and logging sectors and are replaced by new hires. It provides insight into the stability and flexibility of the labor force in these industries, which are important contributors to the overall U.S. economy.
Methodology
The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health and competitiveness of the mining and logging labor markets.
Key Facts
- The turnover rate averaged 4.7% in 2022.
- Mining and logging account for about 0.5% of total U.S. employment.
- Turnover rates tend to be higher in industries with seasonal or cyclical employment patterns.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Turnover Rate for All Employees in Mining and Logging measures the proportion of workers who leave their jobs in the mining and logging sectors and are replaced by new hires.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the stability and flexibility of the labor force in the mining and logging industries, which are important contributors to the overall U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health and competitiveness of the mining and logging labor markets.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical delay of about one month.
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Citation
U.S. Federal Reserve, Quarterly Turnover Rate for All Employees in Mining and Logging (CANEEFINQ052N), retrieved from FRED.