Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Portugal
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEMTTMAPTQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.62
Year-over-Year Change
-170.96%
Date Range
4/1/1998 - 7/1/2023
Summary
This economic trend measures the quarterly growth rate of total employment in the United States, adjusting for seasonal variations. It provides important insights into the strength and trajectory 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, quarterly, seasonally adjusted metric tracks the quarter-over-quarter percent change in total employment, taking into account typical seasonal hiring and layoff patterns. This trend is a key indicator of economic health and labor market dynamics.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on the Current Employment Statistics survey of businesses.
Historical Context
Policymakers and analysts closely monitor this employment growth trend to assess the overall state of the economy and guide decisions on monetary and fiscal policies.
Key Facts
- The metric is reported on a quarterly basis.
- Employment growth is a key driver of consumer spending and broader economic activity.
- Seasonal adjustments account for typical hiring patterns over the year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in total nonfarm employment in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a critical indicator of economic health and labor market dynamics, providing important insights for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through the Current Employment Statistics survey of businesses and calculated as the percent change in total nonfarm employment from the previous quarter.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this employment growth trend to assess the overall state of the economy and guide decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEMTTMAPTQ657S), retrieved from FRED.