Employed Population: Aged 55-64: Females for the European Union
Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEM55FEEUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.90
Year-over-Year Change
19.21%
Date Range
4/1/2005 - 10/1/2019
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter percentage change in the total civilian labor force. This metric is a key indicator of labor market dynamics and economic growth trends.
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
This data series tracks the seasonally adjusted quarter-to-quarter percent change in the total civilian labor force population in the United States. It provides insights into the pace of growth or contraction in the overall size of the labor force, which is a crucial component of macroeconomic performance.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers closely monitor this labor force growth trend to assess the underlying strength of the economy and inform policy decisions.
Key Facts
- The labor force includes all employed and unemployed individuals.
- Positive growth indicates an expanding labor force, while negative growth signals a contracting labor force.
- This metric is a leading indicator of economic performance and consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted tracks the quarter-over-quarter percentage change in the total civilian labor force in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the pace of growth or contraction in the overall size of the labor force, which is a crucial component of macroeconomic performance and a leading indicator of economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this labor force growth trend to assess the underlying strength of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a typical delay of approximately one month.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEM55FEEUQ657S), retrieved from FRED.