Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Denmark
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM55MADKQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.82
Year-over-Year Change
-75.62%
Date Range
4/1/1999 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of employment, providing insights into the pace of labor market changes in the United States. Understanding employment growth dynamics is crucial for policymakers and analysts assessing the overall health of the economy.
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, not seasonally adjusted indicator tracks the rate of change in total employment from one quarter to the next. This metric helps economists and policymakers evaluate the momentum and direction of the labor market, which is a key driver of broader economic activity.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' household and establishment surveys.
Historical Context
Policymakers use this metric to inform monetary and fiscal policy decisions, while analysts monitor it to assess economic conditions and make informed investment choices.
Key Facts
- The growth rate reached a low of -5.4% in Q2 2020 during the COVID-19 pandemic.
- The indicator has averaged around 0.5% over the past decade, reflecting a gradual expansion of the U.S. labor market.
- Rapid changes in the growth rate can signal important shifts in the economic cycle and labor market dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of total employment in the United States, providing insights into the pace of labor market changes.
Q: Why is this trend relevant for users or analysts?
A: Understanding employment growth dynamics is crucial for policymakers and analysts assessing the overall health and momentum of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' household and establishment surveys.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to inform monetary and fiscal policy decisions, while analysts monitor it to assess economic conditions and make informed investment choices.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short delay to allow for comprehensive data collection and processing.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM55MADKQ657N), retrieved from FRED.