Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Hungary
Growth rate previous period, Annual, Seasonally Adjusted
LFEM55MAHUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.66
Year-over-Year Change
-11.22%
Date Range
1/1/2000 - 1/1/2022
Summary
The 'Growth rate previous period, Annual, Seasonally Adjusted' trend measures the year-over-year percent change in employment. This key economic indicator provides insights into the overall health and momentum 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
This annual, seasonally adjusted metric tracks the rate of change in total civilian employment compared to the prior year. Economists and policymakers closely monitor this trend as an important barometer of economic activity and the strength of the workforce.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on monthly household surveys.
Historical Context
This employment growth rate is a crucial input for assessing monetary and fiscal policy decisions.
Key Facts
- The metric is annualized and seasonally adjusted.
- Employment growth is a key indicator of economic momentum.
- Rapid employment growth can signal inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in total civilian employment, providing insights into the overall strength and momentum of the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a crucial economic indicator that helps analysts and policymakers assess the health and direction of the broader economy.
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 monthly household surveys.
Q: How is this trend used in economic policy?
A: This employment growth rate is a key input for monetary and fiscal policy decisions, as it reflects the overall strength and momentum of the labor market.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, providing timely insights into the current state of the labor market.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM55MAHUA657S), retrieved from FRED.