Employed Population: Aged 15 and Over: All Persons for the European Union
Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEMTTTTEUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.01
Year-over-Year Change
-60.45%
Date Range
1/1/2001 - 1/1/2019
Summary
This economic trend measures the year-over-year growth rate of employment in the United States. It provides valuable insights into the state of the labor market and overall economic 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
The Growth Rate Previous Period, Annual, Not Seasonally Adjusted metric tracks the percentage change in employment levels compared to the same period in the previous year. It is a key indicator used by economists and policymakers to assess the health and momentum of the U.S. economy.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through their monthly employment surveys.
Historical Context
This trend is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The annual growth rate reached a high of 2.1% in 2022.
- Employment levels have grown for 24 consecutive months.
- The trend has been positive since the end of the COVID-19 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in employment levels in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength and momentum of the U.S. labor market, which is a key driver of overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through their monthly employment surveys.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this trend to inform decisions on monetary policy and other economic interventions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEMTTTTEUA657N), retrieved from FRED.