Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEM64TTO1Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
27.54%
Date Range
4/1/2005 - 4/1/2017
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter growth rate of the civilian labor force in the United States. This metric is a key economic indicator used by policymakers and analysts to assess labor market dynamics.
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, seasonally adjusted growth rate represents the percent change in the civilian labor force compared to the previous quarter. It provides insight into the pace of labor force expansion or contraction, which informs economic forecasting and policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on the Current Population Survey.
Historical Context
The growth rate in the civilian labor force is closely monitored by the Federal Reserve and other institutions to evaluate the strength of the U.S. economy.
Key Facts
- The labor force includes all civilians 16 years and older who are employed or actively seeking work.
- The U.S. civilian labor force totaled over 164 million people as of 2022.
- Labor force growth is a key input for projecting economic output and productivity.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter percent change in the U.S. civilian labor force.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the pace of labor force expansion or contraction, which is a crucial indicator of economic health and a key input for policymakers and forecasters.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on the Current Population Survey.
Q: How is this trend used in economic policy?
A: The growth rate in the civilian labor force is closely monitored by the Federal Reserve and other institutions to evaluate the strength of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short lag, and may be subject to revisions as more information becomes available.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for OECD
OECDLREMTTFESTQ
Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for OECD
OECDLFAC25MASTQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for OECD
OECDLRHUADFESTSAM
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for OECD
OECDLFHU24FESTQ
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total
OECDULQELP01IXOBSAQ
Balance of Payments: Portfolio Investment: Assets (or Net Acquisition of Assets) for OECD
OECDB6FAPI02CXCUQ
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEM64TTO1Q657S), retrieved from FRED.