Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Sweden
Annual, Seasonally Adjusted
LREM74FESEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.80
Year-over-Year Change
6.50%
Date Range
1/1/2001 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' trend measures the total employment level in the real estate and rental and leasing industry in the United States. It is a key indicator of economic activity and labor market conditions in this 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 tracks the number of people employed in real estate, rental, and leasing activities in the U.S. on an annual basis, with seasonal adjustments made to account for predictable fluctuations. It provides important insights into the health and trends of this industry, which is closely tied to broader economic conditions.
Methodology
The data is collected through surveys by the U.S. Bureau of Labor Statistics as part of the Current Employment Statistics program.
Historical Context
Economists and policymakers monitor this trend to assess the strength of the real estate market and broader service sector employment.
Key Facts
- The real estate and rental and leasing industry accounts for over 2 million jobs in the U.S.
- Employment in this sector grew by 3.5% in 2021 compared to the prior year.
- The industry experienced a sharp decline in employment during the COVID-19 pandemic in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the real estate, rental, and leasing industry in the United States on an annual basis, with seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of the real estate market, which is a key driver of economic activity and a barometer of broader service sector employment.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics as part of the Current Employment Statistics program.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the strength of the real estate market and broader service sector employment, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a slight delay, and is subject to periodic revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM74FESEA156S), retrieved from FRED.