Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Austria
Growth rate previous period, Annual, Seasonally Adjusted
LFEM74TTATA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.14
Year-over-Year Change
246.35%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the annual growth rate of employment, adjusted for seasonal variations. It provides key insights into the health and trajectory of the U.S. labor market.
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, Seasonally Adjusted metric tracks year-over-year changes in total U.S. employment levels. It is a vital indicator used by economists, policymakers, and market analysts to assess the strength and resilience of the American workforce.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of households and businesses.
Historical Context
This employment growth rate trend informs economic and policy decisions at the Federal Reserve, Congress, and other institutions.
Key Facts
- The metric is reported on a monthly basis.
- Employment growth has averaged 1.5% annually over the past decade.
- Positive growth signals a strengthening job market and economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in total U.S. employment levels, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of economic health and a critical input for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of households and businesses.
Q: How is this trend used in economic policy?
A: This employment growth rate informs decisions at the Federal Reserve, Congress, and other institutions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a short delay for collection and processing.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM74TTATA657S), retrieved from FRED.