Employed full time: Wage and salary workers: Miscellaneous vehicle and mobile equipment mechanics, installers, and repairers occupations: 16 years and over
LEU0254510900A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.00
Year-over-Year Change
-2.99%
Date Range
1/1/2000 - 1/1/2024
Summary
Tracks full-time employment for miscellaneous vehicle and mobile equipment mechanics, installers, and repairers. Provides insights into transportation and repair sector workforce.
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 series measures full-time workers in specialized vehicle and mobile equipment repair occupations. It reflects industrial and transportation workforce trends.
Methodology
Data collected through monthly Bureau of Labor Statistics household surveys.
Historical Context
Used by industry analysts to understand vehicle repair and maintenance employment dynamics.
Key Facts
- Indicates vehicle repair industry employment trends
- Reflects technological changes in automotive sector
- Tracks specialized mechanical workforce
FAQs
Q: What occupations are included in this employment category?
A: Includes mechanics, installers, and repairers of various vehicles and mobile equipment across different industries.
Q: How do technological advances impact these jobs?
A: Increasing vehicle complexity requires more specialized technical skills and continuous training.
Q: Are vehicle mechanic jobs growing?
A: Demand varies by sector, with electric vehicles and advanced technologies creating new opportunities.
Q: How frequently is this data updated?
A: Monthly updates provide current employment snapshots from the Bureau of Labor Statistics.
Q: What factors influence vehicle mechanic employment?
A: Technological innovation, economic conditions, and transportation industry developments impact job markets.
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Citation
U.S. Federal Reserve, Vehicle Mechanics Employment (LEU0254510900A), retrieved from FRED.