Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for Australia
Annual, Seasonally Adjusted
LFIN64TTAUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,466,454.00
Year-over-Year Change
-3.03%
Date Range
1/1/1979 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the total number of employees in the finance industry in the United States. This metric is crucial for economists and policymakers to assess 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
This series represents the total number of employees in the finance and insurance industry in the United States, adjusted for seasonal variations. It provides insights into the size and employment trends within a key economic sector.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
The finance employment trend is closely monitored by policymakers, analysts, and investors to gauge the strength of the U.S. economy.
Key Facts
- The finance industry employs over 8 million people in the U.S.
- Finance sector employment has grown by 15% over the past decade.
- The finance industry accounts for approximately 6% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the finance and insurance industry in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The finance employment trend is a key indicator of the health and growth of the financial sector, which is a crucial component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors closely monitor the finance employment trend to gauge the strength of the U.S. economy and inform economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFIN64TTAUA647S), retrieved from FRED.