Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted
LFACTTFEG7Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.69
Year-over-Year Change
28.86%
Date Range
7/1/1999 - 4/1/2017
Summary
This economic trend measures the quarterly growth rate of employment, providing insights into the strength and direction of the 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
The growth rate previous period, quarterly, not seasonally adjusted metric tracks the quarter-over-quarter change in employment levels, offering a timely gauge of economic activity and labor force dynamics.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, analysts, and investors to assess the health of the broader economy.
Key Facts
- The growth rate can be positive, negative, or zero, indicating expansion, contraction, or stagnation in employment.
- This metric is a leading indicator of economic conditions, providing timely insights ahead of broader GDP data.
- Quarterly, not seasonally adjusted data can be more volatile than seasonally adjusted figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of employment, providing insights into the strength and direction of the labor market.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a closely watched indicator that offers a timely gauge of economic activity and can inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors closely monitor this trend to assess the health of the broader economy and inform decision-making.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted data can be more volatile than seasonally adjusted figures, and there may be update delays due to the data collection process.
Related Trends
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Balance of Payments: Services: Balance (Revenue Minus Expenditure) for G7
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Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for G7
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Consumer Price Index: OECD Groups: All items non-food non-energy: Total for G7
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Balance of Payments: Current Account: Expenditure for G7
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Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for G7
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted (LFACTTFEG7Q657N), retrieved from FRED.