Quarterly, Not Seasonally Adjusted
LREMTTFEG7Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.70
Year-over-Year Change
2.58%
Date Range
4/1/2003 - 4/1/2017
Summary
This trend measures the total number of employees in the U.S. financial sector on a quarterly basis without seasonal adjustments. It provides an important indicator of the overall health and activity of the financial 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 Quarterly, Not Seasonally Adjusted employment in the U.S. financial sector represents the total number of workers across banking, securities, insurance, and other financial services. This metric offers insights into the growth or contraction of the finance industry and its role in the broader economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to assess the financial sector's performance and its impact on the overall economy.
Key Facts
- The financial sector accounts for around 4% of total U.S. employment.
- Financial sector employment has grown by over 20% since the Great Recession.
- The finance industry is a key driver of economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the U.S. financial sector on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the growth or contraction of the finance industry and its role in the broader economy, making it a key indicator for policymakers and economists.
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: Policymakers and economists closely monitor this trend to assess the financial sector's performance and its impact on the overall economy.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREMTTFEG7Q156N), retrieved from FRED.