Percent, Annual
NHSNESP30T49AP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
-44.12%
Date Range
1/1/2002 - 1/1/2023
Summary
The 'Percent, Annual' trend measures the year-over-year percentage change in the employment rate for persons aged 30 to 49 years old. This metric provides insight into labor market dynamics and broader 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 'Percent, Annual' employment rate trend tracks the annual percentage change in the employment-to-population ratio for individuals aged 30 to 49 years old in the United States. This age group is considered prime working age and is a key indicator of overall labor market health.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and economists closely monitor employment trends to gauge economic performance and guide policy decisions.
Key Facts
- The annual employment rate for persons aged 30-49 averaged 77.7% in 2022.
- Employment in this age group declined during the COVID-19 pandemic but has since recovered.
- Tracking the 30-49 age cohort provides insights into labor force participation and economic stability.
FAQs
Q: What does this economic trend measure?
A: The 'Percent, Annual' trend measures the year-over-year percentage change in the employment-to-population ratio for individuals aged 30 to 49 years old in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into labor market dynamics and the overall health of the economy, as the 30-49 age group represents a key segment of the prime working population.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor employment trends like this one to gauge economic performance and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of a few weeks.
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Citation
U.S. Federal Reserve, Percent, Annual (NHSNESP30T49AP), retrieved from FRED.