Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Canada
Growth rate previous period, Monthly, Not Seasonally Adjusted
LFACTTTTCAM657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.40
Year-over-Year Change
68.64%
Date Range
1/1/1960 - 12/1/2023
Summary
This economic indicator measures the month-over-month growth rate in employment, without seasonal adjustments. It provides insights into the underlying employment trends in the U.S. economy.
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, not seasonally adjusted metric tracks the change in employment levels from one month to the next, expressed as a percentage. This unadjusted data offers a raw view of employment dynamics that can complement seasonally adjusted figures.
Methodology
The data is collected through the Bureau of Labor Statistics' monthly surveys of establishments.
Historical Context
Policymakers and analysts use this indicator to assess the health and direction of the U.S. labor market.
Key Facts
- The metric is reported monthly by the U.S. Bureau of Labor Statistics.
- It measures the change in employment levels from one month to the next.
- The data is not seasonally adjusted, providing a raw view of employment trends.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the month-over-month growth rate in employment levels in the U.S. economy, without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted employment growth rate offers insights into the underlying labor market dynamics, complementing seasonally adjusted figures used by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' monthly surveys of establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the health and direction of the U.S. labor market, which is a key consideration in economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with the same publication schedule as other employment reports.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Not Seasonally Adjusted (LFACTTTTCAM657N), retrieved from FRED.