Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Czechia
Annual, Seasonally Adjusted
LREM55MACZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.78
Year-over-Year Change
33.84%
Date Range
1/1/1998 - 1/1/2024
Summary
This series tracks the annual, seasonally adjusted employment rate in the manufacturing sector of the United States economy. It is a key indicator of the health and performance of 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
The annual, seasonally adjusted manufacturing employment rate provides insights into the overall labor market conditions and productivity trends within the manufacturing sector. Economists and policymakers closely monitor this metric to assess the strength of the industrial economy and guide policy decisions.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, investors, and policymakers to evaluate the performance of the manufacturing industry and its impact on the broader economy.
Key Facts
- The manufacturing sector accounts for approximately 11% of U.S. GDP.
- Manufacturing employment has declined over the past decades due to automation and offshoring.
- The manufacturing industry is a major driver of productivity growth in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted employment rate in the manufacturing sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment rate is a key indicator of the health and performance of the industrial economy, providing insights into labor market conditions and productivity trends.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to assess the strength of the manufacturing industry and guide policy decisions that impact the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical one-month lag between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM55MACZA156S), retrieved from FRED.