Employment for Mining: Mining (Except Oil and Gas) (NAICS 212) in the United States
IPUBN212W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
193.50
Year-over-Year Change
-12.40%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the U.S. mining industry, excluding oil and gas extraction. It provides insight into the labor market and productivity of a key domestic natural resource 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
The Employment for Mining: Mining (Except Oil and Gas) (NAICS 212) in the United States series tracks the number of workers employed in mining activities such as metal ore, coal, and nonmetallic mineral mining. This data is used by economists and policymakers to analyze trends in industrial output, investment, and labor market conditions.
Methodology
The data is collected through surveys of U.S. business establishments by the Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the state of the domestic mining industry and its role in the broader economy.
Key Facts
- Covers mining activities excluding oil and gas extraction.
- Provides insight into labor market conditions in the mining sector.
- Used by economists to analyze industrial production and investment trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the U.S. mining industry, excluding oil and gas extraction. It tracks the number of workers employed in activities such as metal ore, coal, and nonmetallic mineral mining.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides insight into the labor market and productivity of the domestic mining industry, which is a key natural resource sector. It is used by economists and policymakers to analyze industrial output, investment, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. business establishments by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for understanding the state of the domestic mining industry and its role in the broader economy. It is used by economists, policymakers, and market analysts to assess industrial production, investment, and labor market conditions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the Bureau of Labor Statistics establishment surveys.
Related Trends
Hourly Compensation for Mining: Mining (Except Oil and Gas) (NAICS 212) in the United States
IPUBN212U121000000
Real Sectoral Output for Mining: Oil and Gas Extraction (NAICS 211) in the United States
IPUBN211T010000000
Real Sectoral Output for Mining: Coal Mining (NAICS 21211) in the United States
IPUBN21211T010000000
Hours Worked for Mining: Support Activities for Mining (NAICS 21311) in the United States
IPUBN21311L200000000
Hourly Compensation for Mining: Support Activities for Mining (NAICS 2131) in the United States
IPUBN2131U120000000
Hourly Compensation for Mining: Mining (NAICS 21) in the United States
IPUBN21U120000000
Citation
U.S. Federal Reserve, Employment for Mining: Mining (Except Oil and Gas) (NAICS 212) in the United States (IPUBN212W200000000), retrieved from FRED.