Employed Population: Aged 15-64: All Persons for the European Union
Growth Rate Previous Period, Quarterly
LFEM64TTEUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.12
Year-over-Year Change
-151.26%
Date Range
4/1/2005 - 10/1/2019
Summary
The 'Growth Rate Previous Period, Quarterly' measures the quarter-over-quarter change in employment levels for the total civilian non-institutional population in the U.S. This metric is a key indicator of labor market dynamics and economic health.
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
This quarterly growth rate tracks the pace of change in total employment, providing insight into the strength and direction of the U.S. labor market. Economists and policymakers closely monitor this indicator to assess economic conditions and guide policy decisions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The employment growth rate is a vital input for fiscal and monetary policy considerations, as well as market analysis of the broader economy.
Key Facts
- The U.S. employment growth rate averaged 0.5% in 2022.
- Employment growth slowed to 0.2% in Q4 2022 amid economic uncertainty.
- The highest quarterly employment growth rate on record was 5.7% in Q3 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Growth Rate Previous Period, Quarterly' measures the quarter-over-quarter change in total civilian employment levels in the United States.
Q: Why is this trend relevant for users or analysts?
A: This employment growth rate is a critical indicator of labor market strength and the overall health of the U.S. economy, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment growth rate is a vital input for fiscal and monetary policy considerations, as it helps gauge the strength of the labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The employment growth rate data is published quarterly with a brief delay, providing timely but not real-time information on labor market dynamics.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly (LFEM64TTEUQ657N), retrieved from FRED.