Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Czechia
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFACTTMACZQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
-78.93%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate in the U.S. labor force, providing insights into the dynamics of the nation's workforce.
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 changes in the size of the U.S. labor force on a quarterly basis without adjusting for seasonal factors. This data point is used by economists and policymakers to analyze the strength and composition of the American workforce.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' household survey.
Historical Context
Policymakers and analysts monitor this trend to assess the health of the labor market and inform economic decision-making.
Key Facts
- The U.S. labor force includes both employed and unemployed individuals actively seeking work.
- This metric is reported on a quarterly basis, providing a timely snapshot of labor force changes.
- Growth in the labor force is a key indicator of the economy's ability to create new jobs and absorb workers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate in the size of the U.S. labor force, which includes both employed and unemployed individuals actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: Growth in the labor force is a crucial indicator of the economy's ability to create new jobs and absorb workers, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' household survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of the labor market and inform economic decision-making, such as setting monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, providing a timely snapshot of labor force changes, but may be subject to revisions or limitations in the underlying survey.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFACTTMACZQ657N), retrieved from FRED.