Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Luxembourg
Growth rate previous period, Annual, Seasonally Adjusted
LFEM24MALUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.42
Year-over-Year Change
-58.70%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the annual growth rate of employment for men aged 24 and over. It is a key indicator of labor market health and 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, annual, seasonally adjusted metric tracks the year-over-year change in employment for a specific demographic segment. It provides insights into the pace of job creation and labor force participation over time.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess the strength of the broader economy.
Key Facts
- The series dates back to 1948.
- The growth rate reached a high of 6.3% in 1984.
- Employment growth slowed to 0.1% during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of employment for men aged 24 and over. It provides insights into the pace of job creation and labor force participation.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market health and broader economic conditions. It is closely monitored by policymakers, economists, and investors to assess the strength of the economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment growth trend is used by policymakers, economists, and market participants to evaluate the state of the labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of about a month. The series may be subject to revisions as additional information becomes available.
Related Trends
Number of Identified Exporters to Luxembourg from South Dakota
SDLUXA475SCEN
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Luxembourg
LRUNTTTTLUQ156S
Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Luxembourg
IDSGAMNINILU
Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Luxembourg
LFACTTTTLUA657N
Consumer Price Index: Harmonized Prices: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Luxembourg
LUXCPHP0500IXEBM
U.S. Exports of Goods by F.A.S. Basis to Luxembourg
EXP4239
Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM24MALUA657S), retrieved from FRED.