Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Russia
Growth rate previous period, Annual, Seasonally Adjusted
LFEM74TTRUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.61
Year-over-Year Change
-168.87%
Date Range
1/1/1993 - 1/1/2021
Summary
This annual, seasonally adjusted series measures the growth rate of employment in the previous period, providing insights into the pace of labor market changes.
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 metric tracks the year-over-year percent change in employment, offering a snapshot of the economy's employment dynamics and labor market trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
This employment growth indicator is closely monitored by policymakers and analysts to assess the strength and momentum of the labor market.
Key Facts
- The series dates back to 1939.
- Positive values indicate employment expansion, negative values signal contraction.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This series measures the year-over-year percent change in employment, providing insights into the pace of labor market changes.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of the labor market's strength and economic momentum, closely watched by policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment growth rate is an important input for monetary and fiscal policymakers in assessing the health of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical one-month lag.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM74TTRUA657S), retrieved from FRED.