Infra-Annual Labor Statistics: Employment Female: From 15 to 74 Years for Estonia
Growth rate previous period, Annual, Seasonally Adjusted
LFEM74FEEEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.58
Year-over-Year Change
-240.23%
Date Range
1/1/2001 - 1/1/2022
Summary
This economic trend measures the annual growth rate of employment for the previous period, adjusted for seasonal variations. It provides insights into the momentum and direction 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
The growth rate previous period, annual, seasonally adjusted metric tracks the year-over-year change in total employment, taking into account regular seasonal fluctuations. It is a key indicator of the underlying strength and trajectory of the U.S. economy.
Methodology
This data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of establishments.
Historical Context
Policymakers and analysts closely monitor this trend to gauge the health of the labor market and inform economic policy decisions.
Key Facts
- The annual growth rate of employment averaged 1.3% from 2010 to 2019.
- Employment growth accelerated to 2.1% in 2018 before moderating to 1.4% in 2019.
- The COVID-19 pandemic led to a sharp decline in the employment growth rate in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in total U.S. employment, adjusted for regular seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of the overall health and momentum of the U.S. economy, providing insights for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of business establishments.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor employment growth to gauge the strength of the labor market and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The employment growth data is typically published monthly with a short lag, providing timely insights into labor market conditions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM74FEEEA657S), retrieved from FRED.