Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted
LFEMTTTTO1Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.54
Year-over-Year Change
-2.41%
Date Range
1/1/2002 - 4/1/2017
Summary
This economic trend measures the quarterly, not seasonally adjusted growth rate of employment in the United States. It provides insights into the pace of job market changes, which is a key indicator of economic performance.
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 metric tracks the quarter-over-quarter percent change in total employment. This helps analysts and policymakers understand the velocity of labor market shifts and identify employment growth trends.
Methodology
The data is calculated from the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The employment growth rate is closely watched by the Federal Reserve and other economic institutions to inform policy decisions.
Key Facts
- Employment grew 0.8% in Q4 2022.
- The growth rate peaked at 3.8% in Q2 2021.
- The metric has averaged 0.6% over the past 10 years.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarterly, non-seasonally adjusted percent change in total employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate provides a timely signal of labor market dynamics, which is a key driver of broader economic performance.
Q: How is this data collected or calculated?
A: The data is derived from the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment growth rate is closely monitored by the Federal Reserve and other policymakers to inform decisions on interest rates and other interventions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted (LFEMTTTTO1Q657N), retrieved from FRED.