Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Portugal
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM74MAPTQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.06
Year-over-Year Change
61.84%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of employment. It is a key indicator of labor market health and business cycle dynamics.
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 percent change in total nonfarm employment from the previous quarter. This provides insight into the pace of job creation and overall economic activity.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on monthly employment surveys.
Historical Context
Policymakers and analysts closely monitor this employment growth metric to assess the strength of the economy and guide decisions.
Key Facts
- Employment growth averaged 0.5% per quarter in 2021.
- The fastest quarterly growth was 1.2% in Q3 2020.
- Negative growth indicates an economic contraction.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the quarter-over-quarter percent change in total nonfarm employment, providing insight into the pace of job creation.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of economic health and business cycle dynamics, closely watched by policymakers and market participants.
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 analysts use this employment growth metric to assess the strength of the economy and guide decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM74MAPTQ657S), retrieved from FRED.