Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for Estonia
Quarterly, Seasonally Adjusted
LFIN55TTEEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,578.74
Year-over-Year Change
-3.41%
Date Range
1/1/2000 - 1/1/2025
Summary
This quarterly, seasonally adjusted economic indicator tracks the employment level of the finance and insurance sector in the United States. It provides insights into the health and growth of this critical 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 'Quarterly, Seasonally Adjusted' finance and insurance employment data series represents the total number of people employed in the finance and insurance sector of the U.S. economy on a quarterly basis, with seasonal factors accounted for. This metric is closely monitored by economists and policymakers to assess the strength and trajectory of the financial services industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in finance and insurance employment are relevant for understanding broader economic and policy trends, as this sector plays a key role in capital allocation, risk management, and financial stability.
Key Facts
- Finance and insurance account for over 6% of total U.S. employment.
- Employment in this sector grew by 3.2% in 2021 after declining in 2020.
- The COVID-19 pandemic had a significant but temporary impact on finance and insurance jobs.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of people employed in the finance and insurance sector of the U.S. economy on a quarterly basis, with seasonal factors accounted for.
Q: Why is this trend relevant for users or analysts?
A: Changes in finance and insurance employment are closely watched by economists and policymakers as this sector plays a crucial role in capital allocation, risk management, and financial stability.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is used by markets, economists, and policymakers to assess the strength and trajectory of the financial services industry, which is a key driver of broader economic performance.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN55TTEEQ647S), retrieved from FRED.