Infra-Annual Labor Statistics: Labor Force Female: 15 Years or over for G7
Growth rate previous period, Not Seasonally Adjusted
G7LFACTTFEGPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.07
Year-over-Year Change
-114.72%
Date Range
7/1/1999 - 1/1/2018
Summary
This economic trend measures the growth rate of employment compared to the previous period, without seasonal adjustments. It provides insights into the underlying momentum of the labor market.
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, not seasonally adjusted indicator tracks changes in employment levels over time, offering a raw, unfiltered view of the job market's performance. Economists and policymakers use this metric to analyze the underlying strength of the economy.
Methodology
The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The growth rate reached a low of -11.9% in April 2020 during the COVID-19 pandemic.
- In 2022, the growth rate averaged around 4% as the labor market recovered.
- Tracking this metric helps policymakers assess the strength of the economic recovery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the growth rate of employment levels compared to the previous period, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This raw, unfiltered employment growth metric provides important insights into the underlying momentum of the labor market, which is a key indicator of the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. businesses and households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this employment growth trend to inform their decisions on monetary policy and other measures aimed at supporting a healthy labor market and economic recovery.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, making it a timely indicator of labor market conditions. However, the lack of seasonal adjustments can create volatility in the numbers.
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Citation
U.S. Federal Reserve, Growth rate previous period, Not Seasonally Adjusted (G7LFACTTFEGPQ), retrieved from FRED.