Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEMTTFEO1Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.41
Year-over-Year Change
56.27%
Date Range
4/1/2005 - 4/1/2017
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted metric measures the quarter-over-quarter change in employment in the United States. This key economic indicator provides insights into the strength and direction of the 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 quarterly, seasonally adjusted metric tracks the percent change in total U.S. employment compared to the previous quarter. It is a widely followed measure of economic performance and a leading indicator for policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of business establishments.
Historical Context
Economists and policymakers monitor this trend to assess the health of the labor market and broader economic conditions.
Key Facts
- The metric is reported on a quarterly basis.
- Positive values indicate employment growth, while negative values signal contractions.
- The data is seasonally adjusted to account for recurring fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly, Seasonally Adjusted metric measures the quarter-over-quarter percent change in total U.S. employment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the strength and direction of the labor market, which is a key indicator of overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of business establishments.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the health of the labor market and make informed decisions about economic policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay, and it is subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEMTTFEO1Q657S), retrieved from FRED.