Infra-Annual Labor Statistics: Employment Female: From 15 to 74 Years for Russia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM74FERUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.30
Year-over-Year Change
-177.56%
Date Range
1/1/1993 - 1/1/2021
Summary
This economic trend measures the year-over-year growth rate of employment, which is a key indicator of labor market strength and economic conditions.
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, Not Seasonally Adjusted metric tracks the change in total employment compared to the same period in the prior year. It provides insight into the pace of job creation and can signal underlying trends in the broader economy.
Methodology
The data is calculated based on monthly employment figures from the U.S. Bureau of Labor Statistics.
Historical Context
This employment growth rate is closely watched by policymakers, analysts, and businesses to assess the health of the labor market and broader economic trajectory.
Key Facts
- Annual employment growth averaged 1.5% over the past decade.
- The highest annual employment growth rate in the last 20 years was 2.9% in 2000.
- Employment growth turned negative during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percentage change in total employment, providing insight into the pace of job creation and labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator used by policymakers, businesses, and economists to assess the overall health and direction of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on monthly employment surveys.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor employment growth to inform decisions on interest rates, fiscal policy, and other measures to support economic stability and expansion.
Q: Are there update delays or limitations?
A: The employment growth data is released monthly with a short lag, making it a timely indicator of current economic conditions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM74FERUA657N), retrieved from FRED.