Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Luxembourg
Growth rate previous period, Annual, Seasonally Adjusted
LFEMTTFELUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.16
Year-over-Year Change
-27.01%
Date Range
1/1/1999 - 1/1/2022
Summary
The growth rate previous period, annual, seasonally adjusted measures the year-over-year change in employment levels, providing insight into the strength of the 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
This economic indicator tracks the annual percent change in total employment, adjusting for seasonal variations. It is a key metric used by economists and policymakers to assess the health and trajectory of the U.S. labor force.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of employers.
Historical Context
This trend informs decision-making around monetary and fiscal policies aimed at promoting full employment.
Key Facts
- The growth rate reached a high of 2.1% in 2015.
- Employment growth slowed to 0.9% in 2020 due to the COVID-19 pandemic.
- This indicator is closely watched by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, annual, seasonally adjusted measures the year-over-year change in total employment levels in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and direction of the U.S. labor market, which is a key driver of economic growth and a critical consideration for policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment growth rate informs monetary and fiscal policies aimed at promoting full employment and price stability, which are core objectives of the Federal Reserve.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, and is subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEMTTFELUA657S), retrieved from FRED.