Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for Australia
Annual, Seasonally Adjusted
LREM64MAAUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.10
Year-over-Year Change
2.51%
Date Range
1/1/1979 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the annual rate of change in employment in the U.S. manufacturing sector. This key economic indicator provides insights into the health and growth 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
This series tracks the year-over-year percent change in total manufacturing employment, adjusted for seasonal variations. It is a widely followed metric that helps economists and policymakers assess the state of the manufacturing labor market and overall economic conditions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Manufacturing employment trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Manufacturing accounts for about 11% of total U.S. employment.
- The manufacturing sector experienced a decline in employment during the Great Recession.
- Trends in manufacturing jobs are an important signal of overall economic health.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the year-over-year percent change in total manufacturing employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the strength and direction of the manufacturing sector, which is a crucial component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Manufacturing employment trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of about a month between the reference period and the publication of the estimate.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM64MAAUA156S), retrieved from FRED.