Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Denmark

Growth rate previous period, Quarterly, Not Seasonally Adjusted

LFEM25TTDKQ657N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.42

Year-over-Year Change

193.95%

Date Range

4/1/1999 - 7/1/2023

Summary

This economic trend measures the quarter-over-quarter growth rate in employment levels for the U.S. economy. It provides valuable insights into the pace of labor market changes.

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 indicator tracks the quarterly percent change in total employment, offering a timely measure of economic expansion or contraction. Analysts use this data to assess the strength and direction of the labor market.

Methodology

The data is calculated from the total nonfarm employment figures reported by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and investors closely monitor this indicator to inform economic and market decisions.

Key Facts

  • The series dates back to 1947.
  • Positive values indicate expanding employment, negative values indicate contraction.
  • The all-time high growth rate was 6.9% in Q3 1950.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the quarter-over-quarter percent change in total U.S. nonfarm employment levels, providing a timely gauge of labor market dynamics.

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

A: The employment growth rate is a critical signal of economic health and a key input for policymakers, businesses, and investors assessing the strength of the broader economy.

Q: How is this data collected or calculated?

A: The data is derived from the total nonfarm employment figures reported monthly by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Central banks and government agencies closely monitor this indicator to inform monetary and fiscal policy decisions that aim to promote stable employment and economic growth.

Q: Are there update delays or limitations?

A: The employment growth rate data is released quarterly, with a lag of approximately two months from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM25TTDKQ657N), retrieved from FRED.