Employment for Transportation and Warehousing: Freight Transportation Arrangement (NAICS 4885) in the United States
Thousands of Jobs
IPUIN4885W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
288.10
Year-over-Year Change
45.87%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' indicator measures the total number of jobs in the U.S. manufacturing industry. It provides crucial insight into the overall health and employment trends of the manufacturing 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 'Thousands of Jobs' series tracks the total employment levels across U.S. manufacturing industries. It is a key metric used by economists, policymakers, and analysts to assess the strength and resilience of the manufacturing economy.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of employers.
Historical Context
Changes in manufacturing employment levels can signal broader economic conditions and influence policy decisions.
Key Facts
- Manufacturing accounts for about 12% of total U.S. employment.
- The U.S. has lost over 5 million manufacturing jobs since 2000.
- Manufacturing productivity has increased by over 50% since 2000.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' indicator tracks the total number of people employed in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a crucial barometer of economic health and can influence policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Changes in manufacturing employment levels can signal broader economic conditions and influence decisions by policymakers, businesses, and investors.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months.
Related Trends
Employment for Transportation and Warehousing: Interurban and Rural Bus Transportation (NAICS 485210) in the United States
IPUIN485210W200000000
Sectoral Output Price Deflator for Transportation and Warehousing: General Warehousing and Storage (NAICS 493110) in the United States
IPUIN493110T051000000
Employment for Transportation and Warehousing: Postal Service (NAICS 491) in the United States
IPUIN491W200000000
Labor Compensation for Transportation and Warehousing: Postal Service (NAICS 491) in the United States
IPUIN491U110000000
Hours Worked for Transportation and Warehousing: General Freight Trucking, Local (NAICS 484110) in the United States
IPUIN484110L200000000
Real Sectoral Output for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 484230) in the United States
IPUIN484230T011000000
Citation
U.S. Federal Reserve, Thousands of Jobs (IPUIN4885W200000000), retrieved from FRED.