Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Russia
Growth rate previous period, Annual, Seasonally Adjusted
LFEMTTMARUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.89
Year-over-Year Change
43.87%
Date Range
1/1/2011 - 1/1/2021
Summary
This economic trend measures the annual growth rate of employment, adjusted for seasonal variations. It is a key indicator of labor market conditions and overall economic health.
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, seasonally adjusted metric tracks the year-over-year change in employment levels, taking into account regular seasonal patterns. It provides a robust measure of the underlying trajectory of the job market.
Methodology
The data is calculated based on monthly employment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers, analysts, and businesses to gauge the strength of the economy.
Key Facts
- Annual employment growth rate averaged 1.7% from 2010-2019.
- The metric reached a low of -5.1% during the COVID-19 pandemic in 2020.
- Positive growth signals a strengthening job market and broader economic expansion.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year change in employment levels, adjusted for regular seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of labor market conditions and overall economic health, closely watched by policymakers, businesses, and analysts.
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: This metric is used by policymakers, central banks, and other institutions to assess the strength of the job market and broader economic conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, providing timely insights into the state of the labor market.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEMTTMARUA657S), retrieved from FRED.