Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Portugal
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEMTTTTPTQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.54
Year-over-Year Change
-63.33%
Date Range
4/1/1998 - 7/1/2023
Summary
The 'Growth rate previous period, Quarterly, Not Seasonally Adjusted' series measures the quarter-over-quarter percent change in employment. This metric provides insight into the strength and direction of the U.S. labor market.
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
This economic indicator tracks the quarterly growth rate of total employment, offering a high-level view of hiring trends. Policymakers and analysts use this data to assess the health of the broader economy and inform policy decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The employment growth rate is a key input for monetary and fiscal policy considerations.
Key Facts
- The series is published quarterly by the U.S. Federal Reserve.
- The not seasonally adjusted data accounts for typical seasonal hiring patterns.
- Positive growth rates indicate an expanding labor market.
FAQs
Q: What does this economic trend measure?
A: This series tracks the quarter-over-quarter percent change in total U.S. employment, providing a high-level indicator of hiring trends.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key economic indicator used by policymakers, economists, and investors to assess the strength and direction of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment growth rate is a critical input for monetary and fiscal policy considerations, as it reflects the overall health of the economy.
Q: Are there update delays or limitations?
A: The series is published quarterly with a short lag, providing timely data on labor market trends.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEMTTTTPTQ657N), retrieved from FRED.