Employment for Mining: Other Nonmetallic Mineral Mining and Quarrying (NAICS 21239) in the United States
IPUBN21239W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.20
Year-over-Year Change
0.00%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the United States for the Other Nonmetallic Mineral Mining and Quarrying industry, a critical component of the broader mining sector.
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 series tracks the number of workers employed in NAICS industry 21239, which includes establishments that mine or quarry a variety of nonmetallic minerals, such as stone, sand, and gravel. The employment data provides insight into the economic health and labor market dynamics of this specialized industrial segment.
Methodology
The data is collected through monthly surveys of U.S. businesses by the Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists and policymakers to gauge the strength of the mining industry and broader economic conditions.
Key Facts
- Mining accounts for approximately 0.5% of total U.S. employment.
- The Other Nonmetallic Mineral Mining and Quarrying industry employs over 90,000 workers.
- Employment in this sector has seen moderate growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees working in the Other Nonmetallic Mineral Mining and Quarrying industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the economic health and labor market dynamics of the mining industry, which is an important contributor to the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. businesses by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by economists and policymakers to gauge the strength of the mining industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely information on employment in this industry.
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Citation
U.S. Federal Reserve, Employment for Mining: Other Nonmetallic Mineral Mining and Quarrying (NAICS 21239) in the United States (IPUBN21239W200000000), retrieved from FRED.