Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Estonia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM55TTEEA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.24
Year-over-Year Change
-127.44%
Date Range
1/1/2001 - 1/1/2022
Summary
This annual, not seasonally adjusted series measures the growth rate from the previous period for employment. It provides insight into the pace of labor market changes over time.
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 metric tracks the year-over-year percent change in employment levels. This measure is widely used by economists and policymakers to assess the strength and direction of the labor market.
Methodology
The data is calculated from monthly employment figures collected through household surveys.
Historical Context
Trends in employment growth are a key input for economic policy decisions and market analysis.
Key Facts
- The series has data available from 1948 to the present.
- Employment growth rates averaged 1.3% annually from 1950-2022.
- The highest annual growth was 5.3% in 1984.
FAQs
Q: What does this economic trend measure?
A: This series tracks the year-over-year percent change in employment levels, providing insight into the pace of labor market growth or contraction.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of economic health and a major input for policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is calculated from monthly employment figures collected through household surveys by the U.S. government.
Q: How is this trend used in economic policy?
A: Trends in employment growth are closely monitored by economists and policymakers to assess the strength of the labor market and broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag and provides a comprehensive view of employment changes over time.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM55TTEEA657N), retrieved from FRED.