Employment for Transportation and Warehousing: Scheduled Air Transportation (NAICS 4811) in the United States
Thousands of Jobs
IPUIN4811W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
507.40
Year-over-Year Change
20.35%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' economic trend measures the number of employees in the manufacturing industry. This metric is closely watched by economists and policymakers as an indicator of economic health and industrial output.
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 number of employees in the United States manufacturing sector, providing insight into the strength and performance of the nation's industrial base. This data is widely used to analyze workforce dynamics, production capacity, and broader economic trends.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Manufacturing employment levels are a key consideration for Federal Reserve monetary policy and congressional economic legislation.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing accounts for approximately 11% of total U.S. GDP.
- Factory job growth has fluctuated in recent years amid economic uncertainty.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' metric tracks the total number of employees in the U.S. manufacturing industry, providing insight into workforce dynamics and industrial production capacity.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key economic indicator used by policymakers, economists, and market analysts to assess the health and performance of the industrial sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Manufacturing employment levels are closely monitored by the Federal Reserve and Congress as they make decisions about monetary policy and economic legislation.
Q: Are there update delays or limitations?
A: The 'Thousands of Jobs' data is published monthly with a typical lag of 1-2 weeks following the reference period.
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Citation
U.S. Federal Reserve, Thousands of Jobs (IPUIN4811W200000000), retrieved from FRED.