Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Czechia
Growth rate previous period, Annual, Seasonally Adjusted
LFEM55MACZA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.26
Year-over-Year Change
-303.19%
Date Range
1/1/1999 - 1/1/2022
Summary
This annual, seasonally adjusted trend measures the year-over-year growth rate of the labor force in the United States. It provides key insights into the dynamics of the domestic workforce and 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, annual, seasonally adjusted metric tracks the percent change in the civilian labor force over the past 12 months. This metric is widely used by economists and policymakers to analyze trends in the size and participation of the U.S. working population.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of the Current Population Survey.
Historical Context
This labor force growth metric informs economic and workforce policies aimed at promoting employment and productivity.
Key Facts
- The U.S. labor force grew by 0.9% in 2022.
- Labor force growth averaged 0.5% per year from 2010-2019.
- Declining labor force growth can signal economic and demographic challenges.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percent change in the total U.S. civilian labor force, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Labor force growth is a key indicator of workforce dynamics and economic vitality, informing workforce development and macroeconomic policies.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Labor Statistics from the monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor labor force growth to assess the health of the job market and make decisions on employment, education, and immigration policies.
Q: Are there update delays or limitations?
A: This annual, seasonally adjusted metric is released with a lag of several months by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM55MACZA657S), retrieved from FRED.