Infra-Annual Labor Statistics: Employment Female: From 15 to 74 Years for Luxembourg
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM74FELUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.19
Year-over-Year Change
-26.50%
Date Range
1/1/2004 - 1/1/2022
Summary
This annual, not seasonally adjusted metric tracks the growth rate of the labor force in the U.S. over the previous period. It provides insight into the changing size and composition of the national workforce.
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 labor force growth rate is a key indicator of economic activity and labor market dynamics. It reflects the net change in the number of people employed or actively seeking work, which influences production, consumption, and policy decisions.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and analysts monitor labor force growth to assess the health of the job market and broader economic conditions.
Key Facts
- The U.S. labor force growth rate averaged 0.8% annually from 2010-2020.
- Labor force participation reached a high of 67.3% in 2000 before declining in recent decades.
- Declining birth rates and aging population have slowed labor force growth in advanced economies.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the annual percent change in the total U.S. labor force, which includes both employed and unemployed individuals actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a crucial indicator of economic vitality and labor market dynamics, providing insight into the changing size and composition of the national workforce.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor labor force growth to assess the health of the job market and broader economic conditions, informing decisions on employment, investment, and fiscal/monetary policies.
Q: Are there update delays or limitations?
A: The labor force growth data is published monthly with a slight delay, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM74FELUA657N), retrieved from FRED.