Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Estonia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEMTTMAEEA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.55
Year-over-Year Change
-175.34%
Date Range
1/1/1990 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate of total employment in the United States on an annual, not seasonally adjusted basis. This provides insight 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
The Growth Rate Previous Period, Annual, Not Seasonally Adjusted series tracks the percentage change in total employment levels compared to the prior year. This helps analysts and policymakers assess the state of the economy and make informed decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by the Federal Reserve and other economic institutions to inform monetary and fiscal policy.
Key Facts
- The growth rate reached a high of 2.3% in 2015.
- Employment growth slowed to 1.1% in 2020 due to the COVID-19 pandemic.
- The metric has averaged 1.6% annual growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percentage change in total employment levels in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment growth rate is a key indicator of the strength and direction of the labor market, providing insight into the overall health of the economy.
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 metric is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The employment growth data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEMTTMAEEA657N), retrieved from FRED.