Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Hungary
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM55MAHUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.96
Year-over-Year Change
78.52%
Date Range
4/1/1999 - 7/1/2023
Summary
This economic indicator measures the quarter-over-quarter growth rate of employment in the U.S. It is a key metric for analyzing labor market trends and 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, seasonally adjusted indicator tracks the percentage change in total employment from one quarter to the next. It provides insights into the pace and direction of job creation, which is a critical factor in economic policymaking and investment decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of establishments.
Historical Context
This metric is widely followed by economists, policymakers, and market analysts to gauge the strength of the labor market and broader economic conditions.
Key Facts
- Employment growth averaged 0.7% per quarter in 2022.
- The indicator reached a low of -5.1% during the COVID-19 pandemic in 2020.
- Positive growth signals an expanding economy, while negative growth indicates a contracting labor market.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter percentage change in total employment in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a critical indicator of the overall health of the economy, as it reflects the pace of job creation and the strength of the labor market.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of business establishments.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the state of the labor market and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The employment growth rate data is released on a quarterly basis, with a typical delay of one to two months from the end of the reference period.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Hungary
HUNCPIHICMINMEI
Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Hungary
CRDQHUAHABIS
Value of Exports to Hungary from Connecticut
CTHUNA052SCEN
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Hungary
HUNCP040400GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Hungary
HUNCPHP0404IXOBM
Financial Market: Share Prices for Hungary
SPASTT01HUQ661N
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM55MAHUQ657S), retrieved from FRED.