Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Czechia
Growth rate previous period, Annual, Seasonally Adjusted
LFEM64FECZA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.58
Year-over-Year Change
-48.37%
Date Range
1/1/1999 - 1/1/2022
Summary
This annual, seasonally adjusted series measures the growth rate of the civilian labor force in the United States compared to the previous period. It provides insights into the dynamics of the U.S. labor market and is a key indicator for policymakers and economists.
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, annual, seasonally adjusted metric tracks the year-over-year change in the size of the U.S. civilian labor force. It offers a gauge of the overall health and trends within the labor market, which is a critical component of the broader economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
This labor force growth metric is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The U.S. civilian labor force totaled over 164 million people as of 2022.
- Labor force growth averaged 0.5% annually from 2010 to 2020.
- Robust labor force growth is associated with a healthy, expanding economy.
FAQs
Q: What does this economic trend measure?
A: This series measures the year-over-year growth rate of the U.S. civilian labor force on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Labor force growth is a key indicator of the overall health and momentum of the U.S. economy, providing insights for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through household surveys and calculated as the annual percent change in the civilian labor force.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor labor force growth to inform decisions on monetary policy, employment initiatives, and broader economic management.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM64FECZA657S), retrieved from FRED.