Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Australia
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM24MAAUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.48
Year-over-Year Change
-114.48%
Date Range
7/1/1978 - 7/1/2023
Summary
This economic trend measures the quarterly, not seasonally adjusted growth rate of employment from the previous period. It provides insights into the strength and direction 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 indicator tracks the quarter-over-quarter change in total employment. It is a key metric used by economists and policymakers to assess the health and trajectory of the U.S. job market.
Methodology
The data is calculated based on the Bureau of Labor Statistics' monthly employment situation report.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The growth rate is measured quarter-over-quarter, not seasonally adjusted.
- It provides a timely gauge of the direction and magnitude of employment changes.
- The metric is closely watched by policymakers and analysts to assess the economic outlook.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted growth rate of total employment compared to the previous period.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of labor market strength and a critical input for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the Bureau of Labor Statistics' monthly employment situation report.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a lag, and does not account for seasonal employment fluctuations.
Related Trends
Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Australia
CSCICP03AUM665S
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Australia
AUSGDPRQDSMEI
Financial Market: Share Prices for Australia
SPASTT01AUM661N
Number of Bank Branches for Australia
DDAI02AUA643NWDB
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Australia
AUSCP040500GPQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Australia
AUSPROCONQISMEI
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM24MAAUQ657N), retrieved from FRED.