Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Austria
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM24MAATQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.16
Year-over-Year Change
-112.84%
Date Range
4/1/1999 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of employment in the United States, adjusted for seasonal variations. It provides insights into the pace of labor market changes and is closely monitored by economists and policymakers.
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, Seasonally Adjusted indicator tracks the percent change in total employment from one quarter to the next, after accounting for typical seasonal patterns. This metric offers a timely gauge of the momentum and direction of the U.S. job market.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on the Current Employment Statistics survey.
Historical Context
This trend is a key input for assessing the overall health of the economy and informing monetary and fiscal policy decisions.
Key Facts
- The current annualized growth rate is X.X%.
- Employment growth slowed to X.X% in the most recent quarter.
- This trend reached its highest level of X.X% in [year].
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percent change in total U.S. employment, adjusted for typical seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a crucial signal of the economy's momentum and direction, providing insights that inform policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is derived from the Current Employment Statistics survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor this employment growth metric to assess the health of the labor market and guide monetary and fiscal policy.
Q: Are there update delays or limitations?
A: This data is released on a monthly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM24MAATQ657S), retrieved from FRED.