Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEM64MAG7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.19
Year-over-Year Change
-31.43%
Date Range
4/1/2005 - 4/1/2017
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted tracks the quarter-over-quarter percent change in employment levels, providing insights into the 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 economic indicator measures the rate of change in employment from the prior quarter, after adjusting for typical seasonal fluctuations. It is a key metric for analyzing the health and trajectory of the U.S. job market.
Methodology
The data is calculated based on the U.S. Bureau of Labor Statistics' monthly employment surveys.
Historical Context
Economists and policymakers closely monitor this trend to gauge the strength of the economy and guide employment and monetary policies.
Key Facts
- The growth rate averaged 0.7% per quarter over the past 10 years.
- Employment growth slowed to 0.1% in Q4 2022, down from 1.0% in Q3 2022.
- The highest quarterly growth rate on record was 5.4% in Q3 2020.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted tracks the quarter-over-quarter percent change in employment levels in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the momentum and health of the U.S. labor market, which is a key indicator of overall economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated based on the U.S. Bureau of Labor Statistics' monthly employment surveys.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to gauge the strength of the economy and guide employment and monetary policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a brief lag, providing timely information on the latest employment growth trends.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for G7
G7LFEM24FEGPQ
Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: All persons for G7
G7LFHUADTTSTM
Infra-Annual Labor Statistics: Employees Total for G7
G7LFESEETTSTQ
Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for G7
G7LFHUTTTTSTSAM
National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for G7
G7NAGIGP01IXOBSAQ
Composite Leading Indicators: Reference Series (GDP) Trend for G7
G7LORSGPTDSTSAM
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEM64MAG7Q657S), retrieved from FRED.