Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Australia
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEMTTMAAUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.25
Year-over-Year Change
-75.47%
Date Range
4/1/1965 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of employment, which is a key indicator of labor market conditions and overall economic activity.
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, not seasonally adjusted series tracks the percentage change in employment from the prior quarter. This metric provides insight into the strength and direction of the job market, which is a critical factor considered by policymakers and market analysts.
Methodology
The data is calculated based on the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
Policymakers and investors closely monitor employment growth trends to assess the health of the economy and inform decision-making.
Key Facts
- The series measures quarter-over-quarter percent change in employment.
- Employment growth is a leading indicator of overall economic conditions.
- Policymakers use this data to inform decisions on monetary and fiscal policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percentage change in total employment, providing insight into the strength of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key economic indicator that helps policymakers and investors assess the health of the economy and make informed decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the U.S. Bureau of Labor Statistics' monthly Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor employment growth trends to inform decisions on monetary and fiscal policy, which can impact overall economic conditions.
Q: Are there update delays or limitations?
A: The employment growth data is released on a monthly basis, with a short lag between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEMTTMAAUQ657N), retrieved from FRED.