Employed Population: Aged 15 and Over: Males for the European Union
Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEMTTMAEUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.43
Year-over-Year Change
36.81%
Date Range
4/1/2005 - 10/1/2019
Summary
The growth rate previous period, quarterly, and seasonally adjusted measures the quarter-over-quarter change in employment in the United States, providing insight into the pace of the economic recovery.
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 quarter-over-quarter percentage change in total nonfarm employment, adjusted for seasonal variations. It is a key metric used by economists and policymakers to assess the strength and trajectory of the U.S. labor market.
Methodology
The data is collected through the Bureau of Labor Statistics' Current Employment Statistics survey of businesses.
Historical Context
This growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The growth rate peaked at 5.4% in the third quarter of 2020.
- Employment growth has decelerated in recent quarters as the economic recovery matures.
- This metric provides a timely signal of the underlying momentum in the U.S. job market.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percentage change in total nonfarm employment in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in employment is a key metric used by economists and policymakers to assess the strength and trajectory of the U.S. labor market, which is crucial for understanding the broader economic recovery.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' Current Employment Statistics survey of businesses.
Q: How is this trend used in economic policy?
A: This growth rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions aimed at promoting full employment and stable economic growth.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of several weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEMTTMAEUQ657S), retrieved from FRED.