Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Austria

Growth rate previous period, Quarterly, Not Seasonally Adjusted

LFEM24TTATQ657N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.42

Year-over-Year Change

-49.27%

Date Range

4/1/1999 - 7/1/2023

Summary

This economic trend measures the growth rate of employment from the previous quarter on a not seasonally adjusted basis. It provides insights into the pace of labor market changes and is a key indicator of 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, quarterly, not seasonally adjusted metric tracks the quarter-over-quarter change in total employment. It offers a timely signal of the momentum in the U.S. job market, which is a critical component of the broader economy.

Methodology

The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.

Historical Context

This trend is closely monitored by policymakers, analysts, and investors to assess the health of the labor market and guide economic decision-making.

Key Facts

  • The metric is reported on a quarterly basis.
  • It measures the percent change in total employment from the prior quarter.
  • Not seasonally adjusted data can capture unique seasonal patterns in the labor market.

FAQs

Q: What does this economic trend measure?

A: This trend measures the quarter-over-quarter percent change in total U.S. employment on a not seasonally adjusted basis.

Q: Why is this trend relevant for users or analysts?

A: The growth rate in employment is a key indicator of the overall health of the labor market and the broader economy, providing insights into the pace of economic activity.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers, analysts, and investors closely monitor this trend to assess the state of the labor market and inform economic decision-making.

Q: Are there update delays or limitations?

A: The data is reported on a quarterly basis, with a slight delay from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM24TTATQ657N), retrieved from FRED.