Employment for Transportation and Warehousing: Rail Transportation (NAICS 48211) in the United States
Thousands of Jobs
IPUIN48211W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.40
Year-over-Year Change
-19.84%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' indicator measures the total employment level in the U.S. manufacturing sector. It is a key metric for assessing the health and performance of the U.S. economy.
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 individuals employed in manufacturing industries across the United States. This data provides important insights into the strength and productivity of the nation's industrial base, which is a vital component of overall economic growth and stability.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts closely monitor this metric to gauge manufacturing activity and make informed decisions.
Key Facts
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing productivity has increased by over 50% since the 1980s.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' indicator tracks the total number of individuals employed in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and performance of the U.S. industrial base, which is a key driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor the 'Thousands of Jobs' metric to gauge manufacturing activity and make informed decisions about economic policy and investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Thousands of Jobs (IPUIN48211W200000000), retrieved from FRED.