Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Austria
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEMTTMAATA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.81
Year-over-Year Change
313.37%
Date Range
1/1/1970 - 1/1/2022
Summary
The annual growth rate of employment measures the year-over-year change in total employment, providing insight into the strength 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 series tracks the percentage change in total employment compared to the same period in the previous year. It is a key indicator of economic health, used by policymakers and analysts to assess trends in the labor force.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The annual employment growth rate is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions.
Key Facts
- Employment growth averaged 1.4% annually from 2010-2019.
- The COVID-19 pandemic caused a sharp decline in employment growth in 2020.
- The annual growth rate reached a high of 3.7% in 2014.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual percentage change in total employment, providing insight into the strength of the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: The annual employment growth rate is a key indicator of economic health, used by policymakers and analysts to assess trends in the labor force and inform economic 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: The annual employment growth rate is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions related to the labor market and broader economy.
Q: Are there update delays or limitations?
A: The employment growth data is typically published on a monthly basis with a short delay, allowing for timely analysis of labor market trends.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEMTTMAATA657N), retrieved from FRED.