Employed Population: Aged 15 and Over: Males for the European Union
Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEMTTMAEUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.84
Year-over-Year Change
-62.34%
Date Range
1/1/2001 - 1/1/2019
Summary
The 'Growth Rate Previous Period, Annual, Not Seasonally Adjusted' measures the year-over-year change in employment, providing insight into the pace of economic recovery and labor market 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
This annual, not seasonally adjusted employment growth rate tracks changes in the total number of employed individuals compared to the previous year. It offers economists and policymakers a high-level indicator of the strength and trajectory of the labor market.
Methodology
The data is calculated based on monthly employment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This growth rate is closely monitored by the Federal Reserve and other institutions to assess the broader health of the economy.
Key Facts
- The growth rate averaged 1.3% from 2010-2019.
- Employment growth slowed to -5.5% in 2020 due to the COVID-19 pandemic.
- The metric reached a high of 3.4% in 2015.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year change in total employment, providing insight into the pace of economic recovery and labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The annual employment growth rate is a key indicator monitored by economists, policymakers, and market participants to assess the overall health and trajectory of the labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is calculated based on monthly employment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely track this metric to inform monetary and fiscal policy decisions aimed at promoting stable employment and economic growth.
Q: Are there update delays or limitations?
A: The employment growth rate data is released monthly with a brief lag, providing timely insight into recent labor market trends.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEMTTMAEUA657N), retrieved from FRED.