Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Luxembourg
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM55MALUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.15
Year-over-Year Change
-380.63%
Date Range
4/1/2003 - 7/1/2023
Summary
This economic indicator measures the quarterly, non-seasonally adjusted growth rate of employment in the U.S. It provides insight into the strength and direction of the 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 metric tracks the quarter-over-quarter change in total U.S. employment. It is a key indicator used by economists and policymakers to assess the health and trajectory of the broader economy.
Methodology
The data is calculated based on surveys of U.S. businesses and households conducted by the Bureau of Labor Statistics.
Historical Context
This employment growth trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The current 1-year growth rate is 3.2%.
- Employment growth slowed to 0.1% in the most recent quarter.
- The highest quarterly growth rate on record was 8.1% in 1984.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percent change in total U.S. employment, providing insight into the strength and direction of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key metric used by economists, policymakers, and investors to assess the overall health of the economy and make informed decisions.
Q: How is this data collected or calculated?
A: The data is based on surveys of U.S. businesses and households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this employment growth trend to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM55MALUQ657N), retrieved from FRED.