Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Estonia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM24MAEEA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.74
Year-over-Year Change
-105.17%
Date Range
1/1/2001 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate in total employment, providing insights into the overall health 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, Annual, Not Seasonally Adjusted trend tracks the percentage change in total employment compared to the same period in the prior year. It offers a high-level perspective on employment dynamics, a key indicator of economic performance.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through comprehensive surveys of businesses and households.
Historical Context
This employment growth metric is closely monitored by policymakers, economists, and investors to assess macroeconomic conditions and inform decision-making.
Key Facts
- The data is released monthly by the U.S. Bureau of Labor Statistics.
- Employment growth is a leading indicator of economic health and consumer confidence.
- Negative year-over-year growth in employment often signals an economic recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in total U.S. employment, providing insights into the overall health and direction of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key macroeconomic indicator that is closely watched by policymakers, economists, and investors to assess the state of the economy and inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through comprehensive surveys of businesses and households.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor employment growth trends to gauge the overall health of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM24MAEEA657N), retrieved from FRED.