Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Ireland
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM55FEIEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.08
Year-over-Year Change
-165.16%
Date Range
7/1/1999 - 7/1/2023
Summary
This economic trend measures the quarterly, seasonally adjusted growth rate of the previous period's employment level in the United States. It provides important insights into the momentum and trajectory 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, quarterly, seasonally adjusted metric tracks the pace of change in total employment from one quarter to the next, after accounting for typical seasonal variations. This indicator is widely used by economists and policymakers to assess the health and direction of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on monthly employment surveys.
Historical Context
Analysts and policymakers monitor this trend to gauge the strength of the labor market and inform economic and monetary policy decisions.
Key Facts
- The growth rate averaged 0.4% per quarter in 2022.
- Employment levels have exceeded pre-pandemic highs since mid-2022.
- The metric experienced significant volatility during the COVID-19 recession.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarterly, seasonally adjusted growth rate of the previous period's employment level in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the momentum and trajectory of the U.S. labor market, which is a key driver of overall economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on monthly employment surveys.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to gauge the strength of the labor market and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately one month, reflecting the time needed to collect and process the underlying employment survey information.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM55FEIEQ657S), retrieved from FRED.