Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Portugal
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEMTTTTPTA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.24
Year-over-Year Change
-257.60%
Date Range
1/1/1960 - 1/1/2022
Summary
This annual, not seasonally adjusted trend measures the growth rate of employment from the previous period. It provides insight into the pace of overall economic activity and labor market 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 metric tracks year-over-year changes in total employment, a key indicator of the business cycle and economic health. Economists and policymakers analyze this data to assess the strength and direction of the labor market.
Methodology
The data is calculated based on Bureau of Labor Statistics employment surveys.
Historical Context
This metric is widely used to monitor macroeconomic trends and inform policy decisions.
Key Facts
- The current annual growth rate is X.X%.
- Employment growth has averaged Y.Y% over the past 5 years.
- This metric reached a peak of Z.Z% in [year].
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate in total employment, providing insight into the pace of labor market and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of economic health and business cycle conditions, making this metric highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on monthly employment surveys conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor employment growth to assess the strength of the labor market and broader economy, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted employment growth rate is published with a delay of approximately one month following the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEMTTTTPTA657N), retrieved from FRED.