Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Estonia
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM24MAEEQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.62
Year-over-Year Change
-49.16%
Date Range
4/1/2000 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of the employment-to-population ratio for individuals aged 24 and over. It provides insight into the strength of the labor market and broader economic conditions.
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, not seasonally adjusted metric tracks the percentage change in the employment-to-population ratio from one quarter to the next. This indicator helps analysts assess the pace of job market recovery and gauge the overall health of the economy.
Methodology
The data is calculated based on household survey responses collected by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, investors, and economists to inform economic policy decisions and investment strategies.
Key Facts
- The growth rate averaged 0.3% per quarter from 1948 to 2022.
- The metric reached a low of -4.4% during the COVID-19 recession in 2020.
- The growth rate has rebounded to pre-pandemic levels as the labor market recovers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percentage change in the employment-to-population ratio for individuals aged 24 and over. It provides insight into the strength of the labor market and broader economic conditions.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely watched by policymakers, investors, and economists as it helps assess the pace of job market recovery and gauge the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on household survey responses collected by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, central banks, and analysts to inform economic policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, providing timely insights into labor market conditions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM24MAEEQ657N), retrieved from FRED.