Infra-Annual Labor Statistics: Employment Female: From 15 to 74 Years for Slovak Republic
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM74FESKA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.78
Year-over-Year Change
-355.57%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate of the labor force, which is a key indicator of labor market dynamics 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
The growth rate previous period, annual, not seasonally adjusted measures the change in the size of the labor force compared to the same period in the prior year. This provides insight into the expansion or contraction of the available workforce, a crucial factor for economic analysis and policy decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor labor force growth to assess the health of the labor market and broader economy.
Key Facts
- The labor force includes all employed and unemployed individuals actively seeking work.
- Labor force growth reflects changes in population, workforce participation, and job availability.
- Annual labor force growth rates can vary significantly based on economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of the total civilian labor force in the United States.
Q: Why is this trend relevant for users or analysts?
A: Labor force growth is a crucial indicator of the health and potential of the economy, as it reflects changes in population, workforce participation, and employment opportunities.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household 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 labor force growth to assess the overall state of the labor market and make informed decisions regarding economic and workforce development policies.
Q: Are there update delays or limitations?
A: The labor force growth data is published monthly with a relatively short delay, but may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM74FESKA657N), retrieved from FRED.