Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Sweden
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEMTTTTSEA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.65
Year-over-Year Change
388.39%
Date Range
1/1/1964 - 1/1/2022
Summary
This annual, not seasonally adjusted trend measures the year-over-year growth rate of employment. It provides insight into the pace of labor market changes and 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, annual, not seasonally adjusted trend tracks the percent change in total employment compared to the same period in the prior year. This metric is widely used by economists and policymakers to assess the health and momentum of the labor market.
Methodology
The data is collected through the U.S. Current Population Survey and calculated as the annual percent change in total employed persons.
Historical Context
This employment growth trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The current annual growth rate is X.X%.
- Employment growth has averaged Y.Y% over the past 5 years.
- Historically, this metric has ranged from Z.Z% to W.W%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in total employment, providing insight into the pace of labor market expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of economic performance and a driver of consumer spending, productivity, and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey and calculated as the annual percent change in total employed persons.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this employment growth trend to inform decisions on interest rates, fiscal policy, and other measures to support the labor market and broader economy.
Q: Are there update delays or limitations?
A: This data is released monthly with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEMTTTTSEA657N), retrieved from FRED.