Persons, Seasonally Adjusted
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEMTTTTEEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.35
Year-over-Year Change
-75.83%
Date Range
1/1/2000 - 10/1/2023
Summary
This economic trend measures the quarterly growth rate of employment, seasonally adjusted. It provides key insights into the pace of labor market changes and is closely monitored by policymakers.
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, seasonally adjusted measure tracks the quarter-over-quarter percent change in employment. This high-frequency metric helps analysts and institutions assess the strength and trajectory of the U.S. labor market.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of business establishments.
Historical Context
Policymakers at the Federal Reserve and other institutions use this employment growth trend to inform decisions on monetary policy and economic stimulus.
Key Facts
- The trend is reported quarterly by the U.S. Bureau of Labor Statistics.
- Positive growth signals a strengthening labor market and economy.
- The data is seasonally adjusted to account for recurring employment patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in employment, providing insights into the pace of labor market changes.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of economic health and a critical input for policymakers and analysts monitoring the strength of the U.S. labor market.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of business establishments.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions use this employment growth trend to inform decisions on monetary policy and economic stimulus.
Q: Are there update delays or limitations?
A: The trend is reported quarterly, with a potential delay of several weeks between the end of the reference period and the data release.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEMTTTTEEQ657S), retrieved from FRED.