Growth Rate Previous Period, Quarterly
LFEM24TTG7Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.24
Year-over-Year Change
-14.96%
Date Range
4/1/2005 - 4/1/2017
Summary
The 'Growth Rate Previous Period, Quarterly' series measures the quarter-over-quarter growth rate of the employment-to-population ratio for the U.S. This key labor market indicator provides insights into economic performance and the strength of the labor force.
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 employment-to-population ratio represents the proportion of the civilian noninstitutional population aged 16 and over that is employed. The quarterly growth rate of this ratio is an important measure of labor market dynamics and the overall health of the economy.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics through the Current Population Survey.
Historical Context
Policymakers and economists closely monitor this metric to gauge labor market conditions and inform economic policy decisions.
Key Facts
- The employment-to-population ratio reached a high of 61.2% in 2000.
- The ratio declined significantly during the Great Recession, falling to 58.2% in 2010.
- As of the latest data, the employment-to-population ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: The 'Growth Rate Previous Period, Quarterly' series measures the quarter-over-quarter change in the employment-to-population ratio, which represents the proportion of the civilian population that is employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength of the labor market and the overall health of the economy. It is closely monitored by policymakers and economists to inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through the Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to gauge labor market conditions and the broader economic performance, which informs their decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short delay to allow for data collection and processing.
Related Trends
Infra-Annual Labor Statistics: Unemployment Female: From 15 to 64 Years for G7
G7LFUN64FESTSAQ
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for G7
G7LFEAICTTSTSAQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for G7
G7LRHUTTFESTSAM
Balance of Payments: Secondary Income: Balance (Revenue Minus Expenditure) for G7
G7B6BLSI01CXCUQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G7
G7CPALTT01GYM
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for G7
G7LFEM24MAGPQ
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly (LFEM24TTG7Q657N), retrieved from FRED.