Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Estonia
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM55TTEEQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.66
Year-over-Year Change
10.96%
Date Range
4/1/2000 - 7/1/2023
Summary
This economic indicator measures the quarter-over-quarter growth rate of employment in the United States, providing insights into the strength and trajectory 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, quarterly, not seasonally adjusted series tracks the percent change in total employment from one quarter to the next. This metric is closely monitored by economists and policymakers to assess the health and momentum of the U.S. economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in this employment growth metric help inform economic and monetary policy decisions.
Key Facts
- Employment grew 1.1% in Q4 2022 compared to Q3 2022.
- The employment growth rate has averaged 0.7% per quarter over the past year.
- This indicator reached a low of -5.4% in Q2 2020 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percent change in total U.S. employment, providing insights into the momentum of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key barometer of economic health and a crucial input for monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in this employment growth metric help inform the Federal Reserve's decisions on interest rates and other policy tools to achieve its dual mandate of price stability and maximum employment.
Q: Are there update delays or limitations?
A: This data is released quarterly with a brief lag, providing timely insights into the state of the labor market.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Estonia
ESTFCBODCNUM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Estonia
ESTCPGRSE01GYM
Unemployment to Population Rate: All Ages: Males for Estonia
LRUPTTMAEEQ156S
Consumer Price Index: Transport (COICOP 07): Total for Estonia
ESTCP070000IXNBQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Estonia
LFWA64TTEEQ647N
International Trade: Imports: Value (Goods): Total for Estonia
XTIMVA01EEQ188S
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM55TTEEQ657N), retrieved from FRED.