Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Luxembourg
Quarterly, Seasonally Adjusted
LREM55FELUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.84
Year-over-Year Change
4.02%
Date Range
4/1/2007 - 1/1/2025
Summary
This series measures the real earnings per hour for all employees in the U.S. manufacturing sector, adjusted for seasonal variations. It provides key insights into the real purchasing power of American manufacturing workers.
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 Real Earnings per Hour for All Employees in Manufacturing series tracks changes in the inflation-adjusted hourly earnings of manufacturing workers. It is a crucial indicator of the standard of living and purchasing power for a major segment of the U.S. workforce.
Methodology
The data is collected through the Current Employment Statistics survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers and economists to assess the health of the manufacturing sector and the broader economy.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- Real wages have stagnated since the 1970s despite productivity gains.
- The U.S. has lost over 5 million manufacturing jobs since 2000.
FAQs
Q: What does this economic trend measure?
A: This series tracks the inflation-adjusted hourly earnings of all employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The real earnings of manufacturing workers is a key indicator of the purchasing power and standard of living for a major segment of the U.S. workforce.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to assess the health of the manufacturing sector and the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Real Earnings per Hour for All Employees in Manufacturing (LREM55FELUQ156S), retrieved from FRED.