Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Canada
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM64TTCAQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.39
Year-over-Year Change
-127.37%
Date Range
4/1/1976 - 10/1/2023
Summary
This economic trend measures the quarterly growth rate of total employment in the United States on a non-seasonally adjusted basis. It provides insights into the strength and direction 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 metric tracks the quarter-over-quarter change in total employment, without adjusting for typical seasonal fluctuations. This allows for a more direct assessment of underlying employment trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of households and businesses.
Historical Context
Economists and policymakers closely monitor this indicator to gauge the health of the broader economy.
Key Facts
- The trend reached a high of 2.2% in Q3 2021.
- Employment growth slowed to 0.3% in Q4 2022.
- Quarterly employment growth has averaged 0.5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of total employment in the United States on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the strength and direction of the U.S. labor market, which is a key driver of 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 surveys of households and businesses.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to gauge the health of the broader economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, typically a few weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM64TTCAQ657N), retrieved from FRED.