Employed Population: Aged 15-24: Females for the European Union
Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEM24FEEUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.97
Year-over-Year Change
-50.11%
Date Range
1/1/2006 - 1/1/2019
Summary
This economic trend measures the annual growth rate of employment for the U.S. economy, without seasonal adjustments. It provides important insights into the overall health and trajectory 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, Annual, Not Seasonally Adjusted metric tracks year-over-year changes in employment levels across the United States. It is a key indicator used by economists and policymakers to analyze the broader trends and dynamics within the job market.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other agencies to inform economic policies and decision-making.
Key Facts
- The metric is not seasonally adjusted, reflecting raw changes in employment.
- Positive growth indicates an expanding labor market, while negative growth signals contraction.
- Year-over-year data provides a longer-term perspective on employment dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of employment in the U.S. economy, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a critical indicator of the overall health and direction of the labor market, which is a key driver of economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, such as the Federal Reserve, closely monitor this trend to inform decisions on interest rates, employment programs, and other economic policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, and the non-seasonally adjusted format may be subject to more volatility than other employment metrics.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEM24FEEUA657N), retrieved from FRED.