Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Canada
Monthly, Seasonally Adjusted
LREM55MACAM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.23
Year-over-Year Change
-1.04%
Date Range
1/1/1995 - 7/1/2025
Summary
The 'Monthly, Seasonally Adjusted' metric measures the ratio of employees in the manufacturing sector compared to the total population. This key economic indicator provides insights into the strength and composition of the U.S. labor force.
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 manufacturing employment ratio tracks the number of workers in the manufacturing industry as a proportion of the total population. It is a valuable metric for understanding the health and structure of the U.S. economy, particularly the role of the manufacturing sector.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
The manufacturing employment ratio is closely monitored by policymakers and economists to assess the state of the economy and inform economic policies.
Key Facts
- The manufacturing sector accounts for approximately 10% of total U.S. employment.
- Manufacturing employment has declined from over 20% of the workforce in the 1970s to around 10% today.
- The COVID-19 pandemic led to a significant drop in manufacturing employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This metric measures the ratio of manufacturing employees to the total population, providing insights into the size and role of the manufacturing sector in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment ratio is a key indicator of economic health and can inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the manufacturing employment ratio to assess the state of the economy and inform economic policies.
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, Monthly, Seasonally Adjusted (LREM55MACAM156S), retrieved from FRED.