Employment for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
Thousands of Jobs
IPUGN4241W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.10
Year-over-Year Change
-14.17%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' trend measures the total number of jobs in the U.S. manufacturing sector on a monthly basis. This metric is a key indicator of economic growth and employment 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
The 'Thousands of Jobs' series tracks the total employment levels across manufacturing industries in the United States. This data provides important insights into the overall health and trajectory of the U.S. industrial economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor this metric to assess the strength of the manufacturing sector and broader economic conditions.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- The U.S. has lost over 5 million manufacturing jobs since 2000.
- The COVID-19 pandemic led to a sharp decline in manufacturing employment.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' metric tracks the total number of jobs in the U.S. manufacturing sector on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and performance of the U.S. industrial economy, which is a key driver of overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess the strength of the manufacturing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of several weeks.
Related Trends
Sectoral Output Price Deflator for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246T051000000
Sectoral Output Price Deflator for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
IPUGN4232T050000000
Labor Compensation for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States
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Output per Worker for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245W000000000
Labor Compensation for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
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Sectoral Output Price Deflator for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
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Citation
U.S. Federal Reserve, Thousands of Jobs (IPUGN4241W200000000), retrieved from FRED.