Employed full time: Wage and salary workers: Derrick, rotary drill, and service unit operators, oil, gas, and mining occupations: 16 years and over: Men
LEU0254615100A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.00
Year-over-Year Change
-37.50%
Date Range
1/1/2000 - 1/1/2024
Summary
Tracks full-time employment for men in oil, gas, and mining operational roles. Provides critical insights into energy sector workforce dynamics.
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 trend measures employment levels for men working as derrick, rotary drill, and service unit operators in extractive industries.
Methodology
Data collected through comprehensive Bureau of Labor Statistics employment surveys.
Historical Context
Used to analyze workforce trends in energy and natural resource extraction sectors.
Key Facts
- Focuses on male workers in extractive industries
- Includes drilling and service unit operators
- Represents national employment in energy sectors
FAQs
Q: What specific occupations are included?
A: Covers derrick, rotary drill, and service unit operators in oil, gas, and mining industries.
Q: How does this trend reflect energy sector health?
A: Provides direct insights into employment levels and workforce stability in extractive industries.
Q: Are part-time workers included?
A: No, this trend exclusively tracks full-time male workers in these specialized roles.
Q: What regions are represented?
A: Represents nationwide employment data across all U.S. energy and mining regions.
Q: How often is the data updated?
A: Typically updated monthly to reflect current labor market conditions.
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Citation
U.S. Federal Reserve, Employed Full Time: Oil and Gas Operational Workers (LEU0254615100A), retrieved from FRED.