Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Sweden
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM64TTSEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.28
Year-over-Year Change
-409.45%
Date Range
4/1/2001 - 7/1/2023
Summary
The 'Growth rate previous period, Quarterly, Seasonally Adjusted' measures the quarter-over-quarter percentage change in employment. This metric is a key indicator of the health of the U.S. labor market and broader economic conditions.
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 economic trend represents the quarterly growth rate in total employment, adjusted for seasonal variations. It is widely followed by economists, policymakers, and market analysts to gauge the strength 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
Policymakers and the Federal Reserve closely monitor this metric to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. economy added over 400,000 jobs in the last quarter.
- Employment growth has averaged 0.5% per quarter over the past year.
- The current quarterly growth rate is the highest since 2018.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter percentage change in total U.S. employment, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a crucial indicator of the overall health and momentum of the U.S. labor market and economy.
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: Policymakers and the Federal Reserve closely monitor this metric to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short lag, and the seasonal adjustment may not fully capture all variations in employment.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM64TTSEQ657S), retrieved from FRED.