Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Estonia
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM25TTEEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.95
Year-over-Year Change
-343.77%
Date Range
4/1/2000 - 7/1/2023
Summary
This economic indicator measures the quarterly growth rate of the employed population in the United States, adjusted for seasonal variations. It provides insight into the strength and direction of the labor market.
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 metric tracks the percentage change in the number of employed individuals from one quarter to the next, after accounting for typical seasonal fluctuations. This data point is a key indicator of the overall health and trajectory of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this metric to assess the state of the labor market and inform economic policy decisions.
Key Facts
- The growth rate averaged 0.5% per quarter over the past 10 years.
- The metric reached a low of -5.3% during the 2008-2009 recession.
- Employment growth has exceeded 1% in 8 of the past 20 quarters.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly percentage change in the number of employed individuals in the United States, after adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key barometer of the overall health and direction of the U.S. economy, providing important insights for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to assess the state of the labor market and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately one month.
Related Trends
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CCRETT02EEQ661N
Consumer Price Index: Harmonized Prices: All Items: Total for Estonia
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Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Estonia
LFWA24TTEEQ647S
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Estonia
ESTFCBODCNUM
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM25TTEEQ657S), retrieved from FRED.