Employment for Transportation and Warehousing: Pipeline Transportation (NAICS 486) in the United States
Thousands of Jobs
IPUIN486W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.40
Year-over-Year Change
22.08%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' economic trend measures the total employment level in the U.S. manufacturing sector. This key metric provides insights into the health and productivity of the manufacturing industry.
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 U.S. manufacturing sector on a monthly basis. This timely labor market data is used by economists and policymakers to assess the overall strength of the manufacturing economy.
Methodology
The data is collected through surveys of U.S. manufacturing establishments by the Bureau of Labor Statistics.
Historical Context
The 'Thousands of Jobs' trend is closely monitored by the Federal Reserve and other institutions to gauge the effectiveness of economic policies.
Key Facts
- Manufacturing accounts for over 10% of U.S. GDP.
- The sector employs over 12 million workers nationwide.
- Manufacturing productivity has risen steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' series tracks the total number of employees in the U.S. manufacturing sector on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This key labor market indicator provides insights into the health and productivity of the U.S. manufacturing industry, which is a crucial driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. manufacturing establishments by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Thousands of Jobs' trend is closely monitored by the Federal Reserve and other institutions to gauge the effectiveness of economic policies aimed at supporting the manufacturing sector.
Q: Are there update delays or limitations?
A: The manufacturing employment data is released on a monthly basis with a relatively short time lag, providing timely insights into labor market trends.
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Combined Inputs for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
IPUIN481M010000000
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Citation
U.S. Federal Reserve, Thousands of Jobs (IPUIN486W200000000), retrieved from FRED.