Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Russia
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEMTTTTRUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.58
Year-over-Year Change
-167.60%
Date Range
1/1/2000 - 1/1/2021
Summary
This annual, not seasonally adjusted metric measures the year-over-year growth rate of employment levels, a key indicator of economic performance and labor market health.
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 trend represents the percentage change in total employment levels compared to the same period in the prior year. This measure provides insight into the pace of job creation and labor market expansion or contraction.
Methodology
The data is calculated from the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this growth rate to assess the broader trajectory of the labor market and its implications for economic conditions.
Key Facts
- The annual employment growth rate averaged 1.1% from 1948 to 2022.
- Employment growth tends to lead overall economic growth by several months.
- The highest annual employment growth rate on record was 5.7% in 1983.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percentage change in total employment levels in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment growth rate is a key indicator of labor market conditions and the broader state of the economy, making it highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated from the Current Population Survey conducted monthly by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor employment growth trends to assess the overall health of the labor market and make informed decisions about monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The employment growth data is released monthly with a lag of approximately one month, and the annual, not seasonally adjusted figures are published with the same delay.
Related Trends
Value of Exports to Russia from Nebraska
NERUSA052SCEN
Number of Listed Companies for Russian Federation
DDOM01RUA644NWDB
Value of Exports to Russia from Wyoming
WYRUSA052SCEN
Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Russia
LFEAAGTTRUQ647N
Value of Exports to Russia from South Dakota
SDRUSA052SCEN
Value of Exports to Russia from Vermont
VTRUSA052SCEN
Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEMTTTTRUA657N), retrieved from FRED.