Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Denmark
Growth rate previous period, Annual, Seasonally Adjusted
LFEM55TTDKA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.13
Year-over-Year Change
288.59%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the annualized growth rate of U.S. employment in the previous period, adjusted for seasonal variations. It provides key insights into the momentum 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, annual, seasonally adjusted series tracks the year-over-year change in total U.S. employment, enabling analysts to evaluate the strength and direction of the job market over time.
Methodology
The data is calculated based on monthly employment figures from the U.S. Bureau of Labor Statistics.
Historical Context
This indicator is widely used by policymakers, economists, and investors to assess the health of the broader economy.
Key Facts
- The series is reported on a monthly basis.
- The growth rate is calculated as a year-over-year percentage change.
- Seasonal adjustments help isolate underlying employment trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annualized growth rate of total U.S. employment in the previous period, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the momentum and direction of the labor market, which is a key driver of broader economic performance.
Q: How is this data collected or calculated?
A: The data is calculated based on monthly employment figures from the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this indicator to assess the health of the economy and inform decision-making.
Q: Are there update delays or limitations?
A: The series is reported on a monthly basis, with a short lag between the reference period and the data release.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM55TTDKA657S), retrieved from FRED.