Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Israel
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEMTTMAILQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.04
Year-over-Year Change
-89.78%
Date Range
4/1/1995 - 7/1/2023
Summary
This economic indicator tracks the quarter-over-quarter growth rate in total employment, providing insight into the pace of the U.S. labor market's expansion or contraction.
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, not seasonally adjusted series measures the percent change in total employment from one quarter to the next. This high-frequency metric is closely watched by economists and policymakers to assess the underlying momentum of the labor market.
Methodology
The data is calculated from the total nonfarm payroll survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment growth rate is a key input for Federal Reserve decisions on monetary policy and economic outlook.
Key Facts
- Employment grew 0.7% in Q4 2022 compared to the prior quarter.
- The employment growth rate peaked at 4.8% in Q2 2021 as the economy rebounded from the COVID-19 recession.
- The indicator has averaged 0.4% growth per quarter over the past 10 years.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percent change in total U.S. nonfarm employment, providing insight into the pace of labor market expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a crucial input for assessing the overall health and momentum of the U.S. economy, informing decisions by the Federal Reserve, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is derived from the monthly survey of establishments conducted by the U.S. Bureau of Labor Statistics to measure total nonfarm payroll employment.
Q: How is this trend used in economic policy?
A: The employment growth rate is a key indicator monitored by the Federal Reserve in setting monetary policy and evaluating the economic outlook.
Q: Are there update delays or limitations?
A: The employment growth data is released quarterly with a lag of approximately one month, reflecting the time needed to collect and process the underlying survey information.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEMTTMAILQ657N), retrieved from FRED.