Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for Germany
Quarterly, Seasonally Adjusted
LRUN55MADEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.65
Year-over-Year Change
-6.00%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' series measures the average weekly hours worked by manufacturing production and nonsupervisory employees in the United States. This metric is a key indicator of labor market conditions and economic activity.
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 data series tracks the average number of hours worked per week by manufacturing employees on a quarterly, seasonally adjusted basis. It provides insights into productivity, labor demand, and broader economic trends within the manufacturing sector.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health of the manufacturing industry and broader economy.
Key Facts
- The series has been tracked since 1964.
- Average weekly hours peaked at 42.7 in 1997.
- Manufacturing accounts for approximately 8% of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This series measures the average weekly hours worked by manufacturing production and nonsupervisory employees in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into productivity, labor demand, and broader economic trends within 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 surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the manufacturing industry and the broader economy, which informs decision-making and policy interventions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, and there may be a lag in the most recent figures becoming available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN55MADEQ156S), retrieved from FRED.