Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Finland
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM74TTFIQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.43
Year-over-Year Change
-188.61%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of the civilian 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, quarterly, not seasonally adjusted series tracks the percentage change in the civilian labor force from the previous quarter. This data point provides insights into the pace and direction of labor force participation, which is a crucial component for analyzing employment, production, and overall economic conditions.
Methodology
The data is calculated based on household survey responses collected by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess labor market health and inform economic policy decisions.
Key Facts
- The civilian labor force includes all employed and unemployed individuals.
- The growth rate is calculated as the quarter-over-quarter percent change.
- This trend is not seasonally adjusted, providing a raw view of labor force dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of the civilian labor force, which includes all employed and unemployed individuals actively participating in the labor market.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a crucial indicator of economic activity and labor market conditions. It provides insights into the pace of job creation, labor force participation, and overall economic momentum.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' household survey and calculated as the quarter-over-quarter percent change in the civilian labor force.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health of the labor market and inform decisions related to monetary policy, employment programs, and overall economic management.
Q: Are there update delays or limitations?
A: This data is published quarterly with a slight delay, and it is not seasonally adjusted, which should be considered when interpreting the trend.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM74TTFIQ657N), retrieved from FRED.