Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Finland
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM25TTFIA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.39
Year-over-Year Change
-187.42%
Date Range
1/1/1999 - 1/1/2022
Summary
This annual, not seasonally adjusted metric measures the year-over-year growth rate of the labor force in the United States. It provides insights into the expansion or contraction of the active working population.
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 labor force growth rate is a key indicator of the size and dynamics of the U.S. workforce. Economists and policymakers analyze this trend to understand labor market trends and their potential impact on economic growth, employment, and broader macroeconomic conditions.
Methodology
The data is calculated based on household survey responses collected by the U.S. Bureau of Labor Statistics.
Historical Context
The labor force growth rate is closely monitored for its implications on labor supply, potential GDP, and the overall direction of the economy.
Key Facts
- The U.S. labor force grew by 0.1% in 2021.
- Labor force growth has averaged 0.5% annually over the past decade.
- Slower labor force growth can constrain economic expansion.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percentage change in the size of the U.S. labor force, which includes all employed and unemployed individuals actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a crucial indicator of the dynamics and expansion of the workforce, which has important implications for economic growth, employment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is based on the U.S. Bureau of Labor Statistics' monthly household survey, which tracks the size and composition of the civilian labor force.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the labor force growth rate to assess the potential for economic expansion, inform workforce development initiatives, and make decisions related to monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The labor force growth rate data is released monthly with a lag, and may be subject to revisions as more information becomes available.
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Finland
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Stock Market Turnover Ratio (Value Traded/Capitalization) for Finland
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Total Credit to General Government, Adjusted for Breaks, for Finland
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Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Finland
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Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Finland
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM25TTFIA657N), retrieved from FRED.