Employed Population: Aged 15-64: Males for the European Union
Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEM64MAEUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.72
Year-over-Year Change
-66.05%
Date Range
1/1/2006 - 1/1/2019
Summary
This economic trend measures the year-over-year growth rate in the annual, not seasonally adjusted employment level. It provides insight into the pace of change in the U.S. 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, not seasonally adjusted metric tracks the annual percentage change in total employment. This figure is useful for economists and policymakers to gauge the overall health and momentum of the U.S. job market.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on monthly employment surveys.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The growth rate reached a high of 3.1% in 1999.
- The metric plummeted to -5.3% during the 2008-2009 recession.
- Annual employment growth has averaged 1.5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in the annual, not seasonally adjusted employment level in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of the overall health and momentum of the U.S. labor market, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on monthly surveys of employers.
Q: How is this trend used in economic policy?
A: The employment growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, 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, Annual, Not Seasonally Adjusted (LFEM64MAEUA657S), retrieved from FRED.