Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Slovak Republic
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM74TTSKA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.62
Year-over-Year Change
-180.99%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the annual growth rate of total employment in a specified period, without seasonal adjustments. It provides insight into the overall strength and trajectory 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, annual, not seasonally adjusted metric tracks year-over-year changes in total employment, offering a broad view of economic conditions and workforce trends. It is a key indicator used by economists, policymakers, and market analysts to assess the health and direction of the U.S. economy.
Methodology
This data is collected and calculated by the U.S. Federal Reserve based on labor force surveys.
Historical Context
Policymakers and economists closely monitor this trend to inform decisions and analysis related to monetary policy, fiscal stimulus, and employment dynamics.
Key Facts
- The annual growth rate is measured as a year-over-year percentage change.
- This metric provides a high-level view of employment without seasonal distortions.
- Economists use the trend to assess the overall health and trajectory of the U.S. labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual percentage change in total employment in the U.S., without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of employment is a key indicator of the overall strength and direction of the U.S. economy, providing important context for policymakers and market participants.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data based on labor force surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment growth trend to inform decisions related to monetary policy, fiscal stimulus, and overall economic conditions.
Q: Are there update delays or limitations?
A: This data is published regularly by the Federal Reserve with minimal delays, providing timely insight into employment trends.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM74TTSKA657N), retrieved from FRED.