Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Denmark
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM74TTDKA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.13
Year-over-Year Change
-246.45%
Date Range
1/1/2000 - 1/1/2022
Summary
This annual, not seasonally adjusted metric measures the year-over-year growth rate in total employment across the U.S. economy. It provides a high-level indicator of labor market strength 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
The Growth Rate Previous Period, Annual, Not Seasonally Adjusted series tracks the percent change in total employment compared to the same period one year prior. It offers insight into the pace of job creation and labor force participation over time.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
This employment growth metric is closely monitored by policymakers, analysts, and businesses to gauge the overall health of the labor market.
Key Facts
- The current annual growth rate stands at X.X%.
- Employment growth has accelerated/decelerated over the past Y months.
- This metric reached its highest/lowest level of Z% in [month/year].
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percent change in total employment across the U.S. economy, providing insight into the pace of job creation and labor force participation.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of labor market strength and broader economic conditions, closely monitored by policymakers, analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: This employment growth metric is used by policymakers, economists, and market participants to assess the overall health of the labor market and guide decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of X weeks. The not seasonally adjusted nature of the series may result in increased volatility compared to seasonally adjusted measures.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Denmark
DNKIMPORTADSMEI
Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for Denmark
LFHUTTFEDKM647S
Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for Denmark
LFAC25MADKA647S
Business Tendency Surveys: Selling Prices: Economic Activity: Manufacturing: Future Tendency for Denmark
BSSPFT02DKM460S
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Denmark
ULQELP01DKQ657S
Infra-Annual Labor Statistics: Unemployment Total: From 55 to 64 Years for Denmark
LFUN55TTDKQ647N
Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM74TTDKA657N), retrieved from FRED.