Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Portugal

Growth rate previous period, Quarterly, Seasonally Adjusted

LFEM74TTPTQ657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.66

Year-over-Year Change

-51.74%

Date Range

4/1/1998 - 7/1/2023

Summary

This economic trend measures the quarter-over-quarter growth rate of employment, adjusted for seasonal variations. It is a key indicator of labor market dynamics and economic performance.

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, quarterly, seasonally adjusted metric tracks the percent change in total employment from one quarter to the next. This provides insight into the pace and direction of job creation, a critical factor in assessing broader economic conditions.

Methodology

The data is calculated from the Current Employment Statistics survey conducted by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and analysts closely monitor this employment growth trend to inform decisions and forecasts.

Key Facts

  • Measures quarter-over-quarter change in total employment
  • Adjusted for seasonal variations
  • Provides insight into pace of job creation

FAQs

Q: What does this economic trend measure?

A: This metric tracks the percent change in total employment from one quarter to the next, providing insight into the pace and direction of job creation.

Q: Why is this trend relevant for users or analysts?

A: Employment growth is a critical indicator of broader economic performance, making this trend highly relevant for policymakers, economists, and market participants.

Q: How is this data collected or calculated?

A: The data is calculated from the Current Employment Statistics survey conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor this employment growth trend to inform decisions and forecasts related to monetary policy, fiscal measures, and overall economic management.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis with a typical lag of one to two months.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM74TTPTQ657S), retrieved from FRED.