Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEMTTMAG7A657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.44
Year-over-Year Change
114.97%
Date Range
1/1/1963 - 1/1/2016
Summary
The Growth Rate Previous Period, Annual, Not Seasonally Adjusted metric tracks the year-over-year change in employment levels for the U.S. economy. This data point is a key indicator of labor market trends and overall economic health.
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 annual growth rate reflects the percentage change in employment levels compared to the same period in the prior year. Economists and policymakers closely monitor this metric to assess the strength and direction of the U.S. job market.
Methodology
The data is calculated based on surveys of U.S. employers conducted by the Bureau of Labor Statistics.
Historical Context
This employment growth rate is used to inform economic policy decisions and provide insight into consumer demand and business investment.
Key Facts
- The metric is reported on a year-over-year basis.
- Employment growth is a leading indicator of overall economic conditions.
- The data is not seasonally adjusted, reflecting raw year-over-year changes.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percentage change in U.S. employment levels, providing insight into labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of economic health and a driver of consumer spending, business investment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is based on surveys of U.S. employers conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment growth rate to assess labor market conditions and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of several weeks from the end of the reference period.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for G7
G7LREMTTFESTQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
G7PRINTO01IXOBSAM
Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: Males for G7
G7LFHUADMASTQ
Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for G7
G7LFUN24FESTQ
Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for G7
G7LOLITOAASTSAM
Balance of Payments: Services: Balance (Revenue Minus Expenditure) for G7
G7B6BLSE01CXCUQ
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEMTTMAG7A657S), retrieved from FRED.