Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Portugal
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM24MAPTQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.68
Year-over-Year Change
-211.76%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic indicator measures the quarterly growth rate of the labor force, which is a key metric for understanding employment trends and workforce dynamics.
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 quarter-over-quarter change in the size of the U.S. labor force. This data point is closely monitored by economists and policymakers to gauge the health and direction of the labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator provides important context for interpreting employment reports and formulating economic policies.
Key Facts
- The labor force growth rate was 0.3% in the previous quarter.
- This metric has shown consistent positive growth over the past year.
- Quarterly labor force growth is a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter growth rate of the U.S. labor force, which includes all employed and unemployed individuals actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a key economic indicator that provides insight into the strength and direction of the job market, making it important for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor labor force growth to help guide decisions on interest rates, employment programs, and other economic policies.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis with a typical 1-2 month delay, 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, Not Seasonally Adjusted (LFEM24MAPTQ657N), retrieved from FRED.