Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Japan
Growth rate previous period, Monthly, Not Seasonally Adjusted
LFEM74TTJPM657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.15
Year-over-Year Change
-133.32%
Date Range
2/1/1978 - 11/1/2023
Summary
This economic trend measures the month-over-month growth rate in total employment, providing insights 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
The growth rate previous period metric tracks changes in total nonfarm employment on a monthly basis, offering a timely gauge of economic activity and labor market dynamics. It is a closely watched indicator used by policymakers, economists, and market analysts.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a comprehensive monthly survey of U.S. businesses.
Historical Context
The employment growth rate is a key input for monetary and fiscal policy decisions, as well as market assessments of the broader economic outlook.
Key Facts
- The metric is reported on a monthly basis by the U.S. Bureau of Labor Statistics.
- It tracks changes in total nonfarm payroll employment, excluding agricultural workers.
- The growth rate is calculated as the month-over-month percent change in employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percent change in total nonfarm employment, providing insights into the strength and direction of the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a closely watched indicator used by policymakers, economists, and market participants to assess the health and trajectory of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a comprehensive monthly survey of U.S. businesses conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment growth rate is a key input for monetary and fiscal policy decisions, as well as market assessments of the broader economic outlook.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical one-month lag between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Not Seasonally Adjusted (LFEM74TTJPM657N), retrieved from FRED.