Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Australia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM24MAAUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.71
Year-over-Year Change
77180.76%
Date Range
1/1/1980 - 1/1/2022
Summary
This economic trend measures the annual growth rate of employment, providing insights into the health and trajectory of the U.S. 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, annual, not seasonally adjusted metric tracks year-over-year changes in total employment, offering a high-level indicator of economic activity and the broader business cycle.
Methodology
The data is collected through monthly surveys of U.S. households by the Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, analysts, and businesses to gauge the strength of the economy and inform decision-making.
Key Facts
- The annual employment growth rate averaged 1.5% over the past decade.
- Positive growth signals a strengthening economy, while negative growth indicates a weakening labor market.
- Tracking this metric helps policymakers assess the need for interventions to support employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of total U.S. 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 key indicator of economic health and a critical input for policymakers, businesses, and investors in their decision-making.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to assess the state of the labor market and the broader economy, informing decisions on monetary and fiscal policy interventions.
Q: Are there update delays or limitations?
A: The employment growth rate data is published monthly with a short lag, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM24MAAUA657N), retrieved from FRED.