Employed full time: Wage and salary workers: Mining machine operators occupations: 16 years and over
LEU0254508600A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.00
Year-over-Year Change
-13.56%
Date Range
1/1/2000 - 1/1/2019
Summary
Tracks full-time employment for mining machine operators across the United States. Provides critical insight into labor dynamics in the mining 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
This employment metric measures the number of full-time wage and salary workers in mining machine operator roles. It reflects industry workforce trends and economic health.
Methodology
Data collected through the Bureau of Labor Statistics Current Population Survey.
Historical Context
Used to assess labor market conditions in the mining and extraction sectors.
Key Facts
- Reflects full-time employment in specialized mining roles
- Indicates economic health of extraction industries
- Tracks workforce changes in technical occupations
FAQs
Q: What does this employment series measure?
A: It tracks full-time wage and salary workers in mining machine operator positions across the United States.
Q: Why are mining machine operator employment numbers important?
A: They provide insights into industrial sector health and technological workforce trends.
Q: How often is this data updated?
A: Typically updated monthly by the Bureau of Labor Statistics.
Q: What impacts mining machine operator employment?
A: Factors include commodity prices, technological advances, and overall economic conditions.
Q: Can this data predict industry trends?
A: It serves as a key indicator of workforce dynamics in the mining and extraction sectors.
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Citation
U.S. Federal Reserve, Mining Machine Operators Employment (LEU0254508600A), retrieved from FRED.