Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Sweden
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM24TTSEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.67
Year-over-Year Change
-1626.89%
Date Range
4/1/2001 - 7/1/2023
Summary
This economic indicator measures the quarter-over-quarter growth rate of employment, adjusted for seasonal variations. It provides insight into the pace of labor market changes and is a key input for policymakers and economists.
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, seasonally adjusted statistic tracks the percentage change in total nonfarm employment from the prior quarter. This metric is closely monitored as it reflects the health and direction of the overall economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly nationwide sample survey of businesses and government agencies.
Historical Context
This trend is widely used by the Federal Reserve, other government agencies, and private sector analysts to assess macroeconomic conditions and inform policy decisions.
Key Facts
- The growth rate is measured quarter-over-quarter.
- Seasonal adjustments account for predictable employment fluctuations.
- The metric provides timely insight into economic direction and momentum.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly percentage change in total nonfarm employment, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in employment is a key signal of overall economic health and a critical input for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Employment Statistics (CES) survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: The Federal Reserve, government agencies, and private sector analysts closely monitor this metric to assess macroeconomic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The employment growth data is published monthly with a short lag, providing timely insight into labor market dynamics.
Related Trends
Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Sweden
CP0430SEM086NEST
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Sweden
LRHU24MASEA156N
Exchange Rate Adjusted Changes of Domestic Debt Securities for All Issuers, Residence of Issuer in Sweden
DSAMRIAOAERSE
International Trade: Net Trade: Value (Goods): Total for Sweden
SWEXTNTVA01STSAQ
Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Future Tendency for Sweden
BVDEFT02SEM460S
International Merchandise Trade Statistics: Exports: Commodities for Sweden
XTEXVA01SEA664N
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM24TTSEQ657S), retrieved from FRED.