Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for Denmark
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM25MADKQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.61
Year-over-Year Change
21.61%
Date Range
4/1/1999 - 7/1/2023
Summary
This economic trend measures the quarterly growth rate of employment, providing insights into the pace of labor market changes. It is a key indicator for economists and policymakers to assess the health and direction of the economy.
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, quarterly, not seasonally adjusted trend tracks the quarter-over-quarter percent change in employment levels. It offers a timely view of shifting labor market dynamics that can inform economic forecasting and policy decisions.
Methodology
The data is calculated from the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
This trend is widely used by economists, investors, and policymakers to gauge the strength of the labor market and broader economic conditions.
Key Facts
- The growth rate has averaged 0.4% over the past 10 years.
- Employment growth contracted by 0.6% in Q2 2020 due to the COVID-19 pandemic.
- The highest quarterly growth rate on record was 3.7% in Q3 1950.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in employment levels, providing insights into the pace of labor market changes.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator for economists and policymakers to assess the health and direction of the economy, as it offers a timely view of shifting labor market dynamics.
Q: How is this data collected or calculated?
A: The data is calculated from the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, investors, and policymakers to gauge the strength of the labor market and broader economic conditions, informing forecasting and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of one month from the end of the reference period.
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Denmark
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM25MADKQ657N), retrieved from FRED.