Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted
LFEM25TTG7Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.63
Year-over-Year Change
-7.39%
Date Range
4/1/2005 - 4/1/2017
Summary
This trend measures the quarterly, not seasonally adjusted growth rate of the U.S. employment level. It provides insight into the pace of labor market changes, which is a key economic indicator.
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 metric tracks the quarterly percentage change in total employment, offering a snapshot of the labor market's momentum. This data point is widely used by economists and policymakers to assess economic conditions and inform decisions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using employment survey data.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to gauge the strength of the U.S. economy.
Key Facts
- The growth rate is calculated as a quarter-over-quarter percentage change.
- This trend reached a low of -6.1% in Q2 2020 due to the COVID-19 pandemic.
- Positive growth rates indicate an expanding labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted percentage change in the total U.S. employment level.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of economic health and labor market conditions, providing insight into the pace of job creation or loss.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using monthly employment survey data.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this trend to assess the strength of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: This data is released quarterly by the Bureau of Labor Statistics, with a typical 1-month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted (LFEM25TTG7Q657N), retrieved from FRED.