Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Portugal
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEMTTTTPTQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
4441.35%
Date Range
4/1/1998 - 10/1/2023
Summary
The Growth rate previous period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter change in total employment, providing insight into the strength 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
This economic indicator tracks the percentage change in total employment from the previous quarter, adjusting for seasonal variations. It is a key metric used by economists and policymakers to assess the health and momentum of the U.S. economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The employment growth rate averaged 0.7% per quarter over the past 10 years.
- Employment growth turned negative during the 2008-2009 recession.
- The fastest quarterly employment growth rate on record was 5.4% in 1950.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly, Seasonally Adjusted measures the quarter-over-quarter percentage change in total employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely signal of the strength and direction of the U.S. labor market, which is a key driver of overall economic performance.
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: The employment growth rate is closely monitored by the Federal Reserve and other institutions to inform decisions on monetary policy and assess the overall health of the economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a one-month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEMTTTTPTQ657S), retrieved from FRED.