Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Israel
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM24TTILA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.47
Year-over-Year Change
398.13%
Date Range
1/1/1996 - 1/1/2022
Summary
This annual, not seasonally adjusted metric measures the growth rate in employment from the previous period. It is a key indicator of labor market performance and a barometer of overall economic health.
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 year-over-year changes in total employment. This provides valuable insights into the pace and direction of the labor market, a critical component of the broader economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
Policymakers and analysts monitor this trend to gauge the strength of the economy and guide decisions around monetary and fiscal policy.
Key Facts
- The current 12-month growth rate is X.X%.
- This metric has averaged Y.Y% over the past 10 years.
- Employment growth slowed to Z.Z% in the most recent period.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year growth rate in total employment, providing insight into the strength and direction of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a critical barometer of overall economic health, and this trend helps policymakers and market participants assess the performance of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the strength of the economy and guide decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM24TTILA657N), retrieved from FRED.