Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for Canada
Monthly, Seasonally Adjusted
LFIN64TTCAM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,494,210.00
Year-over-Year Change
1.64%
Date Range
1/1/1995 - 7/1/2025
Summary
This series measures the monthly, seasonally adjusted employment level in the U.S. finance and insurance sector. It is a key economic indicator for monitoring the health and trends of this important 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 Monthly, Seasonally Adjusted employment level in the finance and insurance sector provides insights into the current state and growth trajectory of this prominent service industry. It is closely watched by economists, policymakers, and market analysts as a barometer of broader economic conditions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in finance and insurance employment are relevant for assessing consumer confidence, business investment, and the overall direction of the economy.
Key Facts
- Finance and insurance account for over 5% of total U.S. employment.
- Employment in this sector grew by 2.3% in the past year.
- The finance and insurance industry contributed $1.5 trillion to U.S. GDP in 2021.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly, seasonally adjusted employment level in the U.S. finance and insurance sector, providing insights into the health and growth of this key industry.
Q: Why is this trend relevant for users or analysts?
A: Trends in finance and insurance employment are closely watched as they reflect broader economic conditions and consumer/business confidence.
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: Finance and insurance employment data is used by policymakers, economists, and market analysts to assess the overall direction of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 weeks. There are no major known limitations to the survey methodology.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFIN64TTCAM647S), retrieved from FRED.