Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Slovak Republic
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM74MASKQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.57
Year-over-Year Change
-44.86%
Date Range
4/1/1999 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of a key labor market indicator, the employment-population ratio, on a non-seasonally adjusted basis. It provides important insights into the strength and direction of the U.S. labor force.
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, not seasonally adjusted metric tracks the pace of change in the percentage of the adult population that is employed. This data point is closely watched by economists and policymakers as an indicator of labor market health and broader economic conditions.
Methodology
The U.S. Bureau of Labor Statistics collects this data through household surveys as part of the Current Population Survey.
Historical Context
This trend is widely used to inform monetary and fiscal policy decisions.
Key Facts
- The employment-population ratio averaged 60.1% in Q4 2022.
- The growth rate peaked at 1.4% in Q3 2020 after the COVID-19 recession.
- This metric has not yet returned to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the quarter-over-quarter growth rate of the employment-population ratio, which represents the percentage of the adult population that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment-population ratio and its growth rate are closely watched indicators of labor market strength and broader economic conditions, informing policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through the Current Population Survey of households.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the labor market and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: This data is released quarterly with a slight delay, and it may not fully capture rapid changes in the labor market.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM74MASKQ657N), retrieved from FRED.