Employed Population: Aged 55-64: Males for the European Union
Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEM55MAEUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.21
Year-over-Year Change
-34.20%
Date Range
1/1/2006 - 1/1/2019
Summary
This annual, not seasonally adjusted economic indicator measures the year-over-year growth rate of the employed civilian labor force in the United States. It provides insights into labor market dynamics and employment 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
The growth rate of the employed civilian labor force reflects changes in the number of working-age Americans who are employed. This metric is closely watched by economists and policymakers to gauge the overall health and momentum of the U.S. labor market.
Methodology
This data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
Policymakers and analysts use this indicator to inform economic and workforce development strategies.
Key Facts
- The U.S. civilian labor force includes all non-institutionalized individuals aged 16 and older who are employed or actively seeking work.
- This metric is reported on an annual basis, providing a longer-term perspective on employment trends.
- The not seasonally adjusted data allows for analysis of underlying, calendar-year employment changes.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year percent change in the number of employed civilians in the United States labor force.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of the employed civilian labor force is a key indicator of labor market health and economic momentum, providing insights for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to inform employment, workforce development, and broader economic strategies.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted data is published with a lag, but provides a longer-term perspective on employment trends.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEM55MAEUA657S), retrieved from FRED.