Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Denmark
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEM74TTDKQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.24
Year-over-Year Change
-143.62%
Date Range
4/1/1999 - 7/1/2023
Summary
This economic indicator measures the quarter-over-quarter growth rate of the civilian labor force, adjusted for seasonal variations. It provides insights into the pace of change in the overall 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, quarterly, seasonally adjusted metric tracks the percentage change in the civilian labor force from one quarter to the next, after accounting for typical seasonal patterns. This helps analysts and policymakers understand the dynamics of the labor market and workforce over time.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator is widely used to monitor labor market trends and inform economic policy decisions.
Key Facts
- The civilian labor force includes all employed and unemployed individuals.
- Seasonal adjustment helps isolate underlying economic trends.
- This metric is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter growth rate of the civilian labor force, after adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate provides insights into the pace of change in the overall job market, which is a key factor in economic performance and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is widely used by economists, policymakers, and market analysts to monitor labor market dynamics and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a brief lag, and the seasonal adjustment process may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEM74TTDKQ657S), retrieved from FRED.