Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEM55FEG7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.56
Year-over-Year Change
-57.18%
Date Range
4/1/2005 - 4/1/2017
Summary
This economic trend measures the quarter-over-quarter growth rate of the labor force, adjusted for seasonal variations. It provides insights into labor market dynamics and the overall health 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 of the labor force is a key indicator of economic activity and labor market conditions. This seasonally adjusted quarterly metric tracks changes in the size of the available workforce, which is vital for economists and policymakers to assess employment trends and make informed decisions.
Methodology
This data is collected and calculated by the U.S. Bureau of Labor Statistics based on household surveys.
Historical Context
The labor force growth rate is used by the Federal Reserve and other institutions to evaluate the economy's capacity for expansion and to inform monetary and fiscal policy.
Key Facts
- The labor force includes all employed and unemployed individuals willing and able to work.
- Quarterly growth rates are calculated as the percent change from the previous quarter.
- Seasonal adjustments account for predictable fluctuations in labor force participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in the size of the U.S. labor force, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a key indicator of the economy's capacity for expansion and is used by policymakers and economists to assess employment trends and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on household surveys.
Q: How is this trend used in economic policy?
A: The labor force growth rate is used by the Federal Reserve and other institutions to evaluate the economy's capacity for expansion and to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEM55FEG7Q657S), retrieved from FRED.