Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Estonia
Growth rate previous period, Seasonally Adjusted
LFEMTTTTEEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.81
Year-over-Year Change
-54.68%
Date Range
1/1/1990 - 1/1/2023
Summary
The 'Growth rate previous period, Seasonally Adjusted' metric measures the quarter-over-quarter change in total employment in the U.S. This provides a key indicator of economic growth and labor market 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
This economic trend represents the rate of change in total nonfarm employment on a seasonally adjusted basis. It is a widely followed metric that signals the momentum of the U.S. labor market and broader economic activity.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Historical Context
Policymakers and analysts closely monitor this employment growth rate to assess the overall health of the economy.
Key Facts
- The U.S. employment growth rate averaged 0.5% per quarter over the past decade.
- Employment growth slowed to 0.1% in Q4 2022 amid economic headwinds.
- Positive employment growth is a sign of a healthy, expanding economy.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Seasonally Adjusted' metric measures the quarter-over-quarter change in total nonfarm employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This employment growth rate is a key indicator of the overall health and momentum of the U.S. economy, closely watched by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this employment growth rate to assess labor market conditions and make decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The employment growth data is released on a monthly basis with a typical 1-month lag.
Related Trends
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Amount Outstanding of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Estonia
IDSAMRIAOEE
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Estonia
DDOI12EEA156NWDB
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Estonia
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Real Gross Fixed Capital Formation for Estonia
NFIRNSAXDCESQ
Citation
U.S. Federal Reserve, Growth rate previous period, Seasonally Adjusted (LFEMTTTTEEA657S), retrieved from FRED.