Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Israel
Growth rate previous period, Annual, Seasonally Adjusted
LFEMTTMAILA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.53
Year-over-Year Change
67.77%
Date Range
1/1/1996 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate of total non-farm employment in the United States on an annual, seasonally adjusted basis. It is a key indicator of overall labor market health and economic conditions.
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, seasonally adjusted series tracks the percent change in total non-farm payroll employment from the prior year. This metric provides insight into the pace of job creation and can signal broader trends in the business cycle and economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of businesses and government agencies.
Historical Context
This employment growth metric is closely monitored by policymakers, economists, and financial markets to assess the strength of the U.S. labor market and economy.
Key Facts
- The series has been published monthly since 1939.
- The highest annual growth rate on record was 8.7% in 1946.
- Growth rates have averaged 1.7% per year since 2000.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percent change in total non-farm employment in the United States on a seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of labor market and overall economic conditions, providing insight into the pace of job creation and business cycle trends.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial markets closely monitor this metric to assess the strength of the U.S. labor market and broader economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEMTTMAILA657S), retrieved from FRED.