Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEM24MAO1Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
-1102.86%
Date Range
4/1/2005 - 4/1/2017
Summary
This economic trend measures the quarter-over-quarter growth rate of employment, a key indicator of labor market health and overall economic performance.
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 is a measure of the percent change in employment from the previous quarter, adjusted for seasonal variations. It provides insights into the pace and direction of the labor market, which is a crucial driver of consumer spending, business investment, and broader macroeconomic conditions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess the strength of the U.S. economy and inform policy decisions.
Key Facts
- Employment growth rate averaged 0.5% in 2022.
- The highest quarterly growth rate was 1.2% in Q2 2021.
- The lowest quarterly growth rate was -0.7% in Q2 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in total U.S. employment, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of labor market health and overall economic performance, providing insights for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to assess the strength of the U.S. economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical one-month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEM24MAO1Q657S), retrieved from FRED.