Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted
LFEM55MAO1Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.93
Year-over-Year Change
-0.51%
Date Range
4/1/2005 - 4/1/2017
Summary
This economic trend measures the quarterly growth rate of the labor force, which is a key indicator of the size and dynamics of the working population.
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 labor force growth rate provides insights into the expansion or contraction of the available workforce, with implications for labor market conditions, economic production, and policy decisions.
Methodology
The data is calculated from the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor labor force growth to assess the economy's productive capacity and potential for future expansion.
Key Facts
- The labor force includes all employed and unemployed individuals actively seeking work.
- Labor force growth reflects changes in population, participation rates, and employment levels.
- Rapid labor force growth can signal an expanding economy with a growing productive capacity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly growth rate of the U.S. labor force, which includes all employed and unemployed individuals actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate provides insights into the expansion or contraction of the available workforce, with implications for labor market conditions, economic production, and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated from the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor labor force growth to assess the economy's productive capacity and potential for future expansion.
Q: Are there update delays or limitations?
A: The labor force growth data is released on a quarterly basis, with a slight delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted (LFEM55MAO1Q657N), retrieved from FRED.