Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Slovak Republic
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM64FESKQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.92
Year-over-Year Change
-16.39%
Date Range
4/1/1999 - 7/1/2023
Summary
This quarterly, seasonally adjusted series measures the growth rate of the labor force compared to the previous period. It provides insights into the pace of labor force expansion, which is a key indicator of economic dynamism and potential workforce availability.
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 quarter-over-quarter change in the total civilian labor force. This measure helps economists and policymakers assess the momentum of labor market participation and evaluate the potential for economic growth based on available workforce resources.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This labor force growth metric is widely used to inform economic policy decisions and workforce planning.
Key Facts
- The labor force comprises all employed and unemployed individuals.
- Quarterly labor force growth provides a timely indicator of workforce changes.
- Faster labor force growth can signal expanding economic opportunities.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarter-over-quarter growth rate of the total civilian labor force, providing insights into the pace of labor force expansion.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a key indicator of economic dynamism and the potential for workforce-driven economic growth, making it highly relevant for economists, policymakers, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force growth rate is widely used to inform economic policy decisions and workforce planning by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short lag, providing timely insights into labor force dynamics.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM64FESKQ657S), retrieved from FRED.