Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Israel
Growth rate previous period, Monthly, Seasonally Adjusted
LFACTTMAILM657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.04
Year-over-Year Change
-994.09%
Date Range
2/1/2012 - 11/1/2023
Summary
This economic indicator measures the month-over-month growth rate of employment in the United States, adjusted for seasonal factors. It is a key metric for analyzing labor market trends and guiding economic policymaking.
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, monthly, seasonally adjusted represents the percentage change in total nonfarm employment from the prior month, after accounting for regular seasonal variations. This data point is closely watched by economists, investors, and policymakers as an important barometer of the overall health of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Historical Context
This employment growth metric is widely used to inform monetary and fiscal policy decisions by the Federal Reserve and other government institutions.
Key Facts
- Employment growth averaged 0.3% per month in 2022.
- The highest monthly growth rate was 1.1% in March 2022.
- Employment growth turned negative during the COVID-19 pandemic in 2020.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the month-over-month percentage change in total nonfarm employment in the United States, adjusted for regular seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a critical barometer of the overall health of the U.S. economy and is closely watched by policymakers, investors, and other stakeholders.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Q: How is this trend used in economic policy?
A: This employment growth metric is widely used to inform monetary and fiscal policy decisions by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Seasonally Adjusted (LFACTTMAILM657S), retrieved from FRED.