Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Australia
Growth rate previous period, Monthly, Not Seasonally Adjusted
LFEM55FEAUM657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.12
Year-over-Year Change
93.38%
Date Range
3/1/1978 - 11/1/2023
Summary
This economic trend measures the month-over-month growth rate in female employment, providing insights into the momentum of the female 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, monthly, not seasonally adjusted metric tracks the percentage change in female employment compared to the prior month. This helps economists and policymakers understand the pace of change in the female workforce.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is used to analyze labor market dynamics and inform economic policy decisions.
Key Facts
- The series began in 1948.
- The highest growth rate was 4.5% in 1951.
- Growth rates tend to be more volatile during economic recessions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percentage change in female employment, providing insights into the pace of change in the female labor force.
Q: Why is this trend relevant for users or analysts?
A: This metric helps economists and policymakers understand the momentum of the female labor market, which is crucial for analyzing workforce dynamics and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used to analyze labor market conditions and inform policy decisions related to employment, workforce participation, and gender equality in the economy.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical delay of around one month from the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Not Seasonally Adjusted (LFEM55FEAUM657N), retrieved from FRED.