Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for Hungary
Annual, Seasonally Adjusted
LFAC25MAHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,909,950.00
Year-over-Year Change
4.37%
Date Range
1/1/1999 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted employment level in the U.S. manufacturing sector. It is a key indicator of the health and productivity of the American manufacturing 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
The Annual, Seasonally Adjusted employment level tracks the total number of workers employed in U.S. manufacturing on an annual basis, with seasonal fluctuations removed. This metric provides insight into long-term trends and the broader state of the manufacturing economy.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this manufacturing employment trend to assess the strength of the industrial sector and guide economic and workforce development strategies.
Key Facts
- U.S. manufacturing employed over 12.8 million workers in 2022.
- Manufacturing accounts for approximately 10% of total U.S. employment.
- The sector has seen gradual employment declines over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted employment level in the U.S. manufacturing sector, providing insight into the overall health and productivity of the American industrial economy.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key indicator of the strength and direction of the U.S. economy, making this trend highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor manufacturing employment trends to assess the health of the industrial sector and guide economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a one-month lag, and may be subject to revisions as more information becomes available.
Related Trends
International Trade: Imports: Value (Goods): Total for Hungary
XTIMVA01HUQ188S
Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Hungary
LFHU24MAHUA647N
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Hungary
LFAC74TTHUA647S
Consumer Price Index: Recreation and Culture (COICOP 09): Total for Hungary
HUNCP090000IXNBM
Provisions to Non-Performing Loans for Hungary
DDSI07HUA156NWDB
Balance of Payments: Capital Transfers: Balance (Revenue Minus Expenditure) for Hungary
HUNB6CATT02CXCUQ
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC25MAHUA647S), retrieved from FRED.