Growth Rate Previous Period, Not Seasonally Adjusted
LFEM24MAG7Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.34
Year-over-Year Change
-2.86%
Date Range
4/1/2005 - 4/1/2017
Summary
This economic trend measures the growth rate of employment from the previous period, without seasonal adjustments. It provides insights into the underlying dynamics 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, Not Seasonally Adjusted metric tracks the month-over-month percentage change in employment. This unadjusted data offers a raw view of employment fluctuations, which can help economists and policymakers assess the strength and trajectory of the labor market.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Historical Context
This trend is closely monitored by economists, investors, and policymakers to gauge the health of the overall economy.
Key Facts
- The employment growth rate has averaged 0.2% per month over the past 5 years.
- The highest recorded monthly growth rate was 2.1% in 1983.
- Employment growth tends to slow during economic recessions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percentage change in employment, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted employment growth rate provides a raw view of labor market dynamics, which is useful for economists and policymakers assessing the underlying strength of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Q: How is this trend used in economic policy?
A: This employment growth metric is closely monitored by policymakers, investors, and analysts to gauge the overall health of the economy and inform decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly by the Bureau of Labor Statistics, with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Not Seasonally Adjusted (LFEM24MAG7Q657N), retrieved from FRED.