Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Czechia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM64TTCZA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.89
Year-over-Year Change
-9.56%
Date Range
1/1/1999 - 1/1/2022
Summary
This annual, not seasonally adjusted trend measures the year-over-year growth rate of the employed civilian labor force in the United States. It provides insights into labor market dynamics and workforce trends.
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 key economic indicator is used by policymakers, analysts, and researchers to assess the strength and direction of the U.S. labor market.
Methodology
The data is calculated from the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This employment growth metric informs monetary and fiscal policy decisions that aim to promote stable, full employment.
Key Facts
- The U.S. employed civilian labor force totaled over 158 million as of 2022.
- Annual employment growth averaged 1.5% from 2010 to 2019.
- The COVID-19 pandemic caused employment to decline by 5.8% in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in the total number of employed civilians in the U.S. labor force.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of economic health and labor market conditions, informing policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is derived from the Current Population Survey conducted monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions monitor employment growth to guide monetary and fiscal policies aimed at promoting full employment.
Q: Are there update delays or limitations?
A: The employment growth data is released monthly with a short lag, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM64TTCZA657N), retrieved from FRED.