Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Denmark
Growth rate previous period, Annual, Seasonally Adjusted
LFEM24MADKA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.58
Year-over-Year Change
-148.94%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the annual growth rate of the labor force, a key indicator of labor market dynamics and economic activity.
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 labor force growth rate is a crucial metric that reflects changes in the size and composition of the working-age population. It provides insights into the potential for economic expansion and can inform policy decisions related to employment, workforce development, and macroeconomic management.
Methodology
This data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of households.
Historical Context
Policymakers and analysts closely monitor labor force growth to assess the health of the labor market and the broader economy.
Key Facts
- The labor force includes both employed and unemployed individuals.
- Annual growth rates can vary significantly depending on economic conditions.
- Sustained labor force growth is typically associated with a expanding economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of the U.S. labor force, which includes all individuals who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a crucial indicator of the health and potential of the labor market, providing insights into economic activity and future workforce dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of households.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force growth to assess the state of the labor market and the broader economy, informing decisions on employment, workforce development, and macroeconomic management.
Q: Are there update delays or limitations?
A: The labor force growth rate data is typically published on a monthly basis, with some potential for minor delays in data release.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM24MADKA657S), retrieved from FRED.