Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Switzerland
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM24TTCHA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.84
Year-over-Year Change
-63.74%
Date Range
1/1/2006 - 1/1/2022
Summary
This economic trend measures the year-over-year percentage change in U.S. employment, providing valuable insights into the health and 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, annual, not seasonally adjusted indicator tracks the rate of change in total employment compared to the same period in the prior year. This metric is widely used by economists and policymakers to analyze workforce trends and inform economic decision-making.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment growth metric is closely monitored by the Federal Reserve and other government agencies to guide monetary and fiscal policy.
Key Facts
- The current annual growth rate is [X]%.
- Employment growth has averaged [Y]% over the past decade.
- This metric has shown a steady [increase/decrease] in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in total U.S. employment, providing insight into the health and dynamics of the labor market.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator used by economists, policymakers, and investors to assess the strength of the economy and inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other government agencies closely monitor this employment growth metric to guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The employment growth data is published monthly, with a typical release lag of [X] weeks. The not seasonally adjusted nature of this metric may require additional analysis to account for seasonal factors.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM24TTCHA657N), retrieved from FRED.