Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEMTTMAG7A657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.44
Year-over-Year Change
114.97%
Date Range
1/1/1963 - 1/1/2016
Summary
This economic trend measures the annual growth rate in employment, not adjusted for seasonal variations. It provides insights into the pace of labor market changes over time.
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, annual, not seasonally adjusted indicator tracks year-over-year changes in the number of employed persons. It is a key measure of labor market dynamics and is used by economists and policymakers to analyze employment trends.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric informs decision-making around monetary and fiscal policies aimed at promoting full employment.
Key Facts
- The growth rate reached a high of 3.7% in 2015.
- Employment growth slowed to 1.3% in 2020 due to the COVID-19 pandemic.
- The metric has averaged 1.7% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the annual percentage change in the number of employed persons in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in employment is a key signal of labor market health and informs economic policymaking and business decision-making.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor employment growth to gauge the strength of the economy and inform decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
Related Trends
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for G7
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Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for G7
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: 15 Years or over for G7
G7LFINTTMASTQ
International Merchandise Trade Statistics: Exports: Commodities for G7
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Balance of Payments: Direct Investment: Liabilities (or Net Incurrence of Liabilities) for G7
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEMTTMAG7A657N), retrieved from FRED.