Employed Population: Aged 15-24: Males for the European Union
Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEM24MAEUA657S • 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 year-over-year growth rate in employment, providing insights into the pace of labor market changes.
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 percent change in total employment compared to the same period in the prior year. This helps economists and policymakers understand the broader employment landscape beyond month-to-month fluctuations.
Methodology
The data is calculated based on labor force surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment growth metric is widely used to inform economic policy decisions and market analyses.
Key Facts
- The current annual employment growth rate is XX.X%.
- Employment growth has accelerated/decelerated in recent months.
- This metric provides a broader perspective than monthly job reports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in total employment, providing insights into the pace of labor market changes.
Q: Why is this trend relevant for users or analysts?
A: The annual employment growth rate is a key indicator used by economists and policymakers to assess the broader health and trajectory of the labor market.
Q: How is this data collected or calculated?
A: The data is calculated based on labor force surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment growth metric is widely used to inform economic policy decisions and market analyses.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEM24MAEUA657S), retrieved from FRED.