Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Estonia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFACTTTTEEA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.40
Year-over-Year Change
-561.84%
Date Range
1/1/1990 - 1/1/2022
Summary
The annual growth rate previous period, not seasonally adjusted, tracks changes in employment levels over time. This metric is closely monitored by economists and policymakers to assess the health 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
This economic trend measures the year-over-year percent change in total non-farm employment in the United States. It is a key indicator of the overall direction and momentum of the job market, providing insights into economic growth and the broader business cycle.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers use this growth rate to inform decisions about monetary and fiscal policies aimed at promoting full employment and stable economic conditions.
Key Facts
- The current annual growth rate is X.X%.
- This metric has averaged Y.Y% over the past 10 years.
- Employment growth rates can signal turning points in the business cycle.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in total non-farm employment in the United States, providing insights into the direction and momentum of the job market.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of economic health and business cycle dynamics, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this growth rate to inform decisions about monetary and fiscal policies aimed at promoting full employment and stable economic conditions.
Q: Are there update delays or limitations?
A: The employment growth data is released monthly by the Bureau of Labor Statistics, with a typical lag of one to two weeks.
Related Trends
International Merchandise Trade Statistics: Trade Balance: Commodities for Estonia
XTNTVA01EEA664N
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Estonia
LFAC74MAEEQ647S
Harmonized Index of Consumer Prices: Spirits for Estonia
CP0211EEM086NEST
Infra-Annual Labor Statistics: Employment Rate Female: From 25 to 54 Years for Estonia
LREM25FEEEA156N
Consumer Price Index: Harmonized Prices: All Items: Total for Estonia
CPHPTT01EEM657N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Estonia
ESTCP090000GYM
Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFACTTTTEEA657N), retrieved from FRED.