Quarterly, Seasonally Adjusted
LFIN55TTG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,371,000.00
Year-over-Year Change
-3.91%
Date Range
1/1/2005 - 4/1/2017
Summary
This series measures the quarterly, seasonally adjusted employment levels in the U.S. finance and insurance sector. It provides valuable insights into the health and trends 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 employment levels in the finance and insurance sector offer a comprehensive view of the labor dynamics within this economically significant industry. Economists and policymakers closely monitor this data to gauge the broader economic conditions and make informed decisions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely used by financial analysts, economists, and policymakers to assess the strength and stability of the finance and insurance industry, which plays a crucial role in the U.S. economy.
Key Facts
- The finance and insurance sector accounts for over 6 million jobs in the U.S.
- Employment in this sector has grown by 8% over the past decade.
- The industry is a significant contributor to the U.S. gross domestic product (GDP).
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted employment levels in the U.S. finance and insurance sector, providing insights into the labor dynamics of this critical industry.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is closely monitored by economists, policymakers, and financial analysts to assess the strength and stability of the finance and insurance industry, which is a significant contributor to the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used by policymakers and economists to evaluate the overall health of the finance and insurance sector, which plays a crucial role in the U.S. economy and can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical update delay of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN55TTG7Q647S), retrieved from FRED.