Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEM64FEG7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.44
Year-over-Year Change
50.00%
Date Range
4/1/2005 - 4/1/2017
Summary
This economic trend measures the quarter-over-quarter growth rate of employment in the United States, adjusted for seasonal variations. It provides a timely indicator of labor market dynamics and economic performance.
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 series tracks the percentage change in total nonfarm employment from one quarter to the next. This metric is widely used by economists, policymakers, and analysts to assess the health and trajectory of the U.S. job market.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Historical Context
This trend is a key input for evaluating the overall strength of the economy and informing monetary and fiscal policy decisions.
Key Facts
- The series is updated quarterly by the Bureau of Labor Statistics.
- Employment growth is a leading indicator of economic performance.
- Positive growth rates signal an expanding labor market and economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percentage change in total nonfarm employment in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of economic health and provides timely insights into the strength of the labor market and overall economic performance.
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 establishment surveys.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and analysts to inform monetary and fiscal policy decisions aimed at promoting stable economic growth and full employment.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the Bureau of Labor Statistics, with a short lag time between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEM64FEG7Q657S), retrieved from FRED.