Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEMTTTTG7A657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.51
Year-over-Year Change
81.10%
Date Range
1/1/1963 - 1/1/2016
Summary
This economic trend measures the year-over-year growth rate of total employment, providing insight into the strength and trajectory 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 Growth Rate Previous Period, Annual, Not Seasonally Adjusted series tracks the annual percent change in total employment, offering a high-level indicator of economic performance and workforce dynamics.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment growth metric is closely monitored by policymakers, economists, and investors to assess the health of the broader economy.
Key Facts
- The U.S. employment growth rate averaged 1.7% annually from 2010-2019.
- Employment growth slowed to 0.1% in 2020 due to the COVID-19 pandemic.
- Strong employment growth is seen as a positive indicator of economic expansion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in total U.S. employment, providing insight into the strength and trajectory of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment growth is a key indicator of economic performance, making this metric highly relevant for policymakers, economists, and investors assessing the health of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor employment growth to inform decisions on monetary and fiscal policies aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The employment growth data is published monthly with a typical release lag of around one month.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for G7
G7LREM24TTSTQ
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for G7
G7LFAC24TTSTQ
Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for G7
G7LREM55TTSTQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for G7
G7LFWA24TTSTQ
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for G7
G7LFUN64TTSTQ
Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: Males for G7
G7LFHUADMASTQ
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEMTTTTG7A657N), retrieved from FRED.