Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Estonia
Annual, Seasonally Adjusted
LREM74FEEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.30
Year-over-Year Change
13.63%
Date Range
1/1/2000 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the year-over-year change in the employment level for the Legal Services industry. This key indicator tracks the overall health and growth of the legal sector.
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 employed persons in the Legal Services industry on an annual, seasonally adjusted basis. It is widely used by economists and policymakers to understand labor market conditions and trends within the legal profession.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring the Legal Services employment trend is crucial for assessing the broader professional services industry and its contribution to the overall economy.
Key Facts
- The Legal Services industry employs over 1.1 million workers in the U.S.
- Employment in Legal Services has grown by 7.5% over the past decade.
- Legal Services is a key component of the broader Professional Services sector.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the year-over-year change in employment for the Legal Services industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the Legal Services employment trend is important for understanding the overall health and growth of the professional services industry, which is a key contributor to 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: The Legal Services employment trend is closely watched by economists, policymakers, and industry analysts to assess labor market conditions and the performance of the professional services sector.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of one to two months.
Related Trends
Consumer Price Index: Transport (COICOP 07): Total for Estonia
ESTCP070000GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia
ESTCP020000GYM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Estonia
LRHUADMAEEM156N
Harmonized Index of Consumer Prices: Package Holidays for Estonia
CP0960EEM086NEST
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Estonia
LFEAINTTEEQ647N
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Estonia
ESTFCLODCXDC
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM74FEEEA156S), retrieved from FRED.