Employed full time: Wage and salary workers: Crane and tower operators occupations: 16 years and over
LEU0254523300A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47.00
Year-over-Year Change
-22.95%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend tracks the number of full-time wage and salary workers employed in crane and tower operator occupations in the United States. It provides insights into the demand for this specialized labor force.
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: Crane and tower operators occupations: 16 years and over trend represents the total employment of individuals aged 16 and over in crane and tower operator roles across the U.S. economy. This data is a key indicator of activity and labor needs in the construction, transportation, and material moving industries.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and industry analysts use this trend to monitor labor market conditions and infrastructure investment.
Key Facts
- Crane and tower operators play a vital role in construction, manufacturing, and transportation.
- Employment in this occupation has remained relatively stable over the past decade.
- Wages for crane and tower operators are generally higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of full-time wage and salary workers employed as crane and tower operators in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the demand for specialized labor in industries like construction, transportation, and material moving, which are important drivers of economic activity.
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: Policymakers and industry analysts use this trend to monitor labor market conditions and infrastructure investment needs.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Employed full time: Wage and salary workers: Crane and tower operators occupations: 16 years and over (LEU0254523300A), retrieved from FRED.