Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Estonia
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEMTTMAEEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.64
Year-over-Year Change
-31.61%
Date Range
4/1/2000 - 7/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of employment, a key indicator of labor market conditions and overall economic activity.
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, quarterly, seasonally adjusted series tracks the rate of change in employment from one quarter to the next, after accounting for typical seasonal variations. This metric is widely used by economists and policymakers to assess the health and momentum of the labor market.
Methodology
The data is calculated based on the monthly Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Employment growth trends inform Federal Reserve and government policy decisions related to interest rates, fiscal stimulus, and other economic interventions.
Key Facts
- Employment growth averaged 0.6% per quarter over the past 10 years.
- The fastest quarterly employment growth rate in the last 20 years was 1.4% in Q3 2020.
- Employment growth slowed to 0.1% in Q4 2022 amid economic headwinds.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in total U.S. employment, providing insight into the momentum and direction of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a crucial indicator of overall economic health and a key input for monetary and fiscal policymaking. Analysts and investors closely monitor this metric to assess economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is derived from the U.S. Bureau of Labor Statistics' monthly Current Employment Statistics (CES) survey, which samples a large number of businesses and government agencies to measure total nonfarm employment.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely track employment growth trends to inform decisions on interest rates, fiscal stimulus, and other interventions aimed at promoting full employment and price stability.
Q: Are there update delays or limitations?
A: The employment growth data is released on a monthly basis with a one-month lag, meaning the most recent quarter's figure may not be available until several weeks after the end of the quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEMTTMAEEQ657S), retrieved from FRED.