Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Luxembourg
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM24MALUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.51
Year-over-Year Change
-72.79%
Date Range
4/1/2003 - 7/1/2023
Summary
This economic trend measures the quarterly, non-seasonally adjusted growth rate of employment in the U.S. It provides insight into the pace of changes in 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 metric tracks quarter-over-quarter changes in the level of employment. It is a key indicator used by economists and policymakers to analyze the health and direction of the U.S. job market.
Methodology
The data is calculated from the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is widely referenced by the Federal Reserve, Department of Labor, and private sector analysts to inform economic policy and investment decisions.
Key Facts
- The U.S. labor force comprises over 160 million workers.
- Employment levels vary significantly by industry and region.
- Sustained job growth is a key objective of federal economic policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, non-seasonally adjusted growth rate in total U.S. employment levels.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a critical indicator of labor market health and economic expansion, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is derived from the Current Population Survey conducted monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor this metric to assess the strength of the job market and make decisions on interest rates and other interventions.
Q: Are there update delays or limitations?
A: The employment growth data is released quarterly with a short lag, providing timely but not real-time information on labor market trends.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM24MALUQ657N), retrieved from FRED.