Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Luxembourg
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM25TTLUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.62
Year-over-Year Change
-52.51%
Date Range
4/1/2003 - 7/1/2023
Summary
This trend measures the quarter-over-quarter growth rate in the U.S. employment level. It provides a timely indicator of changes in the 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, quarterly, not seasonally adjusted metric tracks the percentage change in total employment from one quarter to the next. This data point is closely watched by economists and policymakers to gauge the momentum and direction of the U.S. job market.
Methodology
The U.S. Bureau of Labor Statistics collects this data through its monthly Current Population Survey.
Historical Context
This employment growth rate is used to inform monetary and fiscal policy decisions.
Key Facts
- Employment grew 1.1% in Q4 2022 vs. Q3 2022.
- The growth rate has averaged 0.5% over the past 5 years.
- This metric reached a record low of -5.7% in Q2 2020 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in total U.S. employment, providing a real-time indicator of labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key metric used by economists, policymakers, and investors to assess the strength and direction of the U.S. job market.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The employment growth rate informs monetary and fiscal policy decisions, as it reflects the overall health and momentum of the labor market.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM25TTLUQ657N), retrieved from FRED.