Unemployment Rate - Natural Resources, Construction, and Maintenance Occupations
LNU04032222 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.40
Year-over-Year Change
-26.09%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment rates in natural resources, construction, and maintenance occupations. Provides critical insights into sector-specific labor market dynamics.
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 economic indicator measures joblessness among workers in resource extraction, building trades, and infrastructure maintenance sectors. It reflects industry-specific employment trends.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by industry planners and economic policymakers to assess workforce stability.
Key Facts
- Sensitive to economic cycles
- Reflects infrastructure investment trends
- Indicates sector-specific economic health
FAQs
Q: What occupations are included in this category?
A: Includes workers in natural resources, construction trades, and maintenance roles across industries.
Q: Why track this specific unemployment rate?
A: Provides targeted insights into critical infrastructure and resource sector employment trends.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.
Q: What impacts this unemployment rate?
A: Economic investment, infrastructure projects, seasonal variations, and broader economic conditions.
Q: How reliable is this economic indicator?
A: Considered a key metric for understanding sector-specific labor market conditions and economic health.
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Citation
U.S. Federal Reserve, Unemployment Rate - Natural Resources, Construction, and Maintenance Occupations (LNU04032222), retrieved from FRED.