Employed Population: Aged 15 and over: All Persons for the Euro Area (19 Countries)
Growth rate previous period, Annual, Seasonally Adjusted
LFEMTTTTEZA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
-367.64%
Date Range
1/1/1999 - 1/1/2022
Summary
The annual growth rate of employment, seasonally adjusted, measures the year-over-year change in total employment. This metric is a key indicator of the overall health and direction of the U.S. 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 annual growth rate of employment provides an overview of long-term employment trends, offering economists and policymakers insight into the strength and trajectory of the economy. It is a closely watched statistic used to assess the performance of the job market.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on monthly surveys of establishments.
Historical Context
This employment growth metric is often used to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. annual employment growth rate averaged 1.6% over the past decade.
- Employment growth is a lagging economic indicator, typically responding to changes in output and demand.
- Sustained declines in the annual employment growth rate can signal an impending recession.
FAQs
Q: What does this economic trend measure?
A: The annual growth rate of employment, seasonally adjusted, measures the year-over-year change in total U.S. employment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into the strength and direction of the labor market, which is a key driver of overall economic performance.
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 monthly surveys of business establishments.
Q: How is this trend used in economic policy?
A: Employment growth is closely monitored by policymakers and used to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The employment growth data is published monthly with a brief lag, providing timely insight into labor market trends.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEMTTTTEZA657S), retrieved from FRED.