Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Denmark
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEM74TTDKQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.22
Year-over-Year Change
-75.78%
Date Range
4/1/1999 - 7/1/2023
Summary
The 'Growth rate previous period, Quarterly, Not Seasonally Adjusted' measures the quarter-over-quarter change in total employment in the United States. This key economic indicator provides insight into the strength 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
This economic trend represents the quarterly percent change in total nonfarm employment, excluding seasonal adjustments. It is a valuable indicator of the overall health and momentum of the U.S. economy, as employment growth is closely tied to consumer spending, business investment, and broader macroeconomic conditions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly poll of businesses and government agencies.
Historical Context
Policymakers and analysts closely monitor this employment growth trend to inform decisions around monetary and fiscal policy.
Key Facts
- The U.S. economy added 428,000 jobs in April 2022.
- Employment growth has averaged 562,000 per month in 2022.
- The unemployment rate stood at 3.6% as of April 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in total nonfarm employment in the United States, excluding seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of the overall health and momentum of the U.S. economy, as it is closely tied to consumer spending, business investment, and broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly poll of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this employment growth trend to inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEM74TTDKQ657N), retrieved from FRED.