Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Switzerland
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEMTTTTCHQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.55
Year-over-Year Change
37.32%
Date Range
4/1/1998 - 10/1/2023
Summary
This economic trend measures the quarter-over-quarter growth rate of employment, a key indicator of labor market health 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 data series tracks the percentage change in employment levels from one quarter to the next, with seasonal fluctuations removed. This metric provides insights into the pace and direction of job creation, which informs economic and policy decisions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of businesses and government agencies.
Historical Context
Policymakers and analysts monitor this employment growth trend to assess the broader economic climate and make informed decisions.
Key Facts
- Employment growth has averaged 0.5% per quarter over the past 10 years.
- The fastest quarterly employment growth on record was 4.8% in 1950.
- The largest quarterly employment decline was -5.1% during the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percentage change in employment levels, providing insights into the pace of job creation.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of overall economic health and activity, making this trend essential for policymakers, economists, and market analysts.
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 and analysts monitor this employment growth trend to assess the broader economic climate and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a slight delay to allow for collection and processing.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEMTTTTCHQ657S), retrieved from FRED.