Employed full time: Wage and salary workers: Reinforcing iron and rebar workers occupations: 16 years and over
LEU0254507000A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
-12.50%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the number of full-time wage and salary workers employed in the reinforcing iron and rebar worker occupations in the United States. It provides insights into the labor market for this specialized construction trade.
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 Employed full time: Wage and salary workers: Reinforcing iron and rebar workers occupations: 16 years and over trend tracks the employment levels of workers who install steel bars or mesh in concrete forms to reinforce concrete structures. This metric is closely watched by economists and construction industry analysts.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This trend is used to assess the strength and stability of the construction sector and inform economic and infrastructure policy decisions.
Key Facts
- Reinforcing iron and rebar workers install steel bars or mesh to reinforce concrete structures.
- This occupation is part of the specialty trade contractors industry within the construction sector.
- Employment levels in this trade can indicate the health of the broader construction industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of full-time wage and salary workers employed in the reinforcing iron and rebar worker occupations in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor market for a specialized construction trade, which can indicate the strength and stability of the broader construction sector.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend is used to assess the construction sector and inform economic and infrastructure policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and sampling limitations of the Current Population Survey.
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Citation
U.S. Federal Reserve, Employed full time: Wage and salary workers: Reinforcing iron and rebar workers occupations: 16 years and over (LEU0254507000A), retrieved from FRED.