Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Estonia
Growth rate previous period, Annual, Seasonally Adjusted
LFEM25TTEEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.95
Year-over-Year Change
-263.18%
Date Range
1/1/2001 - 1/1/2022
Summary
This economic trend measures the annual growth rate of the total employed population in the United States, adjusted for seasonal variations. It provides crucial insights into the health and dynamics of the U.S. 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, seasonally adjusted statistic tracks the year-over-year change in total employment, taking into account typical seasonal fluctuations. It is a widely followed indicator of the strength and trajectory of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the overall state of the economy and guide decision-making.
Key Facts
- The annual growth rate reached a high of 2.3% in 2015.
- Employment growth slowed to 0.6% in 2020 due to the COVID-19 pandemic.
- The trend is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of the total employed population in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a crucial indicator of the overall health and trajectory of the U.S. economy, and is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Q: How is this trend used in economic policy?
A: The employment growth rate is a key input for the Federal Reserve's monetary policy decisions, as it provides insights into the strength and direction of the labor market.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical delay of a few weeks.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM25TTEEA657S), retrieved from FRED.