Employment Rate: Aged 15-24: Males for the European Union
Annual, Not Seasonally Adjusted
LREM24MAEUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.65
Year-over-Year Change
-6.29%
Date Range
1/1/2005 - 1/1/2019
Summary
The 'Annual, Not Seasonally Adjusted' metric measures the total number of employees in the U.S. manufacturing sector on an annual basis, without adjusting for seasonal variations. This provides a broad picture of long-term employment trends in the manufacturing 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
This series represents the total number of employees in the U.S. manufacturing sector, counted on an annual basis without seasonal adjustments. It offers a straightforward view of year-over-year changes in manufacturing employment, which is a key indicator of economic health and production capacity.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Manufacturing employment is closely watched by policymakers, economists, and market analysts as a gauge of industrial activity and economic conditions.
Key Facts
- The U.S. manufacturing sector employed over 12.8 million workers in 2021.
- Manufacturing accounts for about 8% of total U.S. employment.
- Employment in U.S. manufacturing has declined by over 30% since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total number of employees in the U.S. manufacturing sector on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key indicator of economic health and production capacity, closely watched by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Manufacturing employment is used by policymakers, economists, and market analysts as a gauge of industrial activity and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a slight delay, and represents the total number of employees without seasonal adjustments.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM24MAEUA156N), retrieved from FRED.