Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Austria
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM55MAATQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.39
Year-over-Year Change
-62.44%
Date Range
4/1/1999 - 7/1/2023
Summary
This economic indicator measures the quarterly, non-seasonally adjusted growth rate of employment from the previous period. It provides insights into the strength and direction 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, not seasonally adjusted statistic tracks quarter-over-quarter changes in total employment. It is a valuable metric for analyzing labor market trends and can inform economic policymaking.
Methodology
This data is collected through the U.S. Bureau of Labor Statistics' monthly Current Employment Statistics survey.
Historical Context
Economists and policymakers monitor this trend to assess the health and trajectory of the overall economy.
Key Facts
- The series dates back to 1947.
- The metric is expressed as a percentage change.
- It is released with the monthly Employment Situation report.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly, non-seasonally adjusted growth rate of total U.S. employment compared to the previous period.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate provides valuable insights into the strength and direction of the labor market, which is a key driver of overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to assess the health of the labor market and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The employment growth rate data is released monthly with the Employment Situation report and may be subject to revisions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM55MAATQ657N), retrieved from FRED.