Inactive Population: Aged 15-64: Females for the European Union
Quarterly, Seasonally Adjusted
LFIN64FEEUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50,985,092.51
Year-over-Year Change
-4.68%
Date Range
1/1/2005 - 10/1/2019
Summary
This economic trend measures the total number of full-time employees in the U.S. finance industry on a quarterly, seasonally adjusted basis. It provides insight into the health and growth of the financial sector.
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 employment metric tracks the total number of full-time employees across the U.S. finance industry, including banking, insurance, securities, and related activities. It is a key indicator of economic activity and labor market conditions in this critical sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess the strength of the finance industry and broader economic conditions.
Key Facts
- The finance industry accounts for approximately 6% of total U.S. employment.
- Finance employment saw a sharp decline during the 2008 financial crisis but has since recovered.
- The sector experienced strong job growth in the years leading up to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of full-time employees in the U.S. finance industry on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The finance employment trend provides important insights into the health and growth of a critical sector of the U.S. economy, which is closely monitored by policymakers, economists, and investors.
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 trend is used by policymakers, economists, and investors to assess the strength of the finance industry and broader economic conditions, informing decisions and forecasts.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN64FEEUQ647S), retrieved from FRED.