Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFACTTTTO1A657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.13
Year-over-Year Change
-6.47%
Date Range
1/1/2006 - 1/1/2016
Summary
This economic trend measures the annual growth rate of employment, providing insight into labor market dynamics and broader economic performance.
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 statistic tracks year-over-year changes in employment levels, offering a high-level view of labor market trends. It is a key indicator used by economists and policymakers to assess the strength and trajectory of the U.S. economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This metric informs decision-making by the Federal Reserve, Congress, and other stakeholders regarding economic and labor market policies.
Key Facts
- The current annual growth rate stands at X.X%.
- This metric has fluctuated between Y% and Z% over the past decade.
- Changes in the growth rate signal shifts in hiring and labor force participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of employment, providing insights into labor market dynamics and the overall strength of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator used by economists, policymakers, and market participants to assess the state of the labor market and make informed decisions regarding economic and employment policies.
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. Census Bureau.
Q: How is this trend used in economic policy?
A: Changes in the employment growth rate inform decision-making by the Federal Reserve, Congress, and other stakeholders regarding monetary and fiscal policies aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The employment growth rate data is typically published with a short delay, and may be subject to revisions as more complete information becomes available.
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OECDLFWATTMASTQ
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Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for OECD
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Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for OECD - Total
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Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for OECD
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFACTTTTO1A657S), retrieved from FRED.