Infra-Annual Labor Statistics: Employment Female: From 15 to 74 Years for Czechia
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM74FECZQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.05
Year-over-Year Change
0.66%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of employment in the United States, adjusted for seasonal variations. It provides a timely indicator of labor market conditions and economic performance.
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, quarterly, seasonally adjusted series tracks the percentage change in total non-farm employment from the prior quarter. This metric is a closely watched gauge of the strength and momentum of the U.S. job market, which is a key driver of broader economic activity.
Methodology
The data is calculated based on the U.S. Bureau of Labor Statistics' monthly Current Employment Statistics survey.
Historical Context
Policymakers and analysts use this employment growth metric to assess the health of the labor market and inform economic and monetary policy decisions.
Key Facts
- Employment grew 0.9% in Q2 2022 compared to the prior quarter.
- The U.S. economy added over 1 million jobs in the first half of 2022.
- The unemployment rate fell to 3.5% in July 2022, a 50-year low.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter growth rate of total non-farm employment in the United States, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a crucial indicator of the economy's overall health and momentum, and is closely watched by policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is based on the U.S. Bureau of Labor Statistics' monthly Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this employment growth metric to assess labor market conditions and make informed decisions about monetary and fiscal policies.
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, Quarterly, Seasonally Adjusted (LFEM74FECZQ657S), retrieved from FRED.