Employed Population: Aged 15-24: Males for the European Union
Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEM24MAEUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.79
Year-over-Year Change
-50.77%
Date Range
1/1/2006 - 1/1/2019
Summary
This economic trend measures the annual growth rate of employment in the U.S. It is a key indicator of the overall health and direction of the 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 the year-over-year change in total employment. It is used by economists and policymakers to analyze employment trends and gauge the strength of the broader economy.
Methodology
The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Historical Context
This employment growth rate is closely monitored by the Federal Reserve and other institutions when evaluating economic conditions and setting policy.
Key Facts
- The metric tracks year-over-year changes in total U.S. employment.
- It is a leading indicator of the overall health of the labor market.
- The data is collected through surveys of businesses and households.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of total employment in the United States. It tracks the year-over-year change in the number of people employed.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of the overall strength of the labor market and the broader economy. It is closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment growth rate is a crucial input for the Federal Reserve and other institutions when evaluating economic conditions and setting monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, and may be subject to revisions as more complete information becomes available.
Related Trends
Harmonized Index of Consumer Prices: Pharmaceutical Products for European Union
CP0611EUCCM086NEST
Harmonized Index of Consumer Prices: Other Recreational Items and Equipment, Gardens and Pets for European Union
CP0930EUCCM086NEST
Employed Population: Aged 15 and Over: Females for the European Union
LFEMTTFEEUQ647N
Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for European Union (28 Countries)
CP0621EU28M086NEST
Employment Rate: Aged 15-24: Females for the European Union
LREM24FEEUA156N
Harmonized Index of Consumer Prices: Pharmaceutical Products for European Union (27 Countries from 2020)
CP0611EU272020M086NEST
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEM24MAEUA657N), retrieved from FRED.