Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Russia
Growth rate previous period, Quarterly, Not Seasonally Adjusted
LFEMTTTTRUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.16
Year-over-Year Change
-123.84%
Date Range
4/1/1999 - 10/1/2021
Summary
This economic trend measures the quarter-over-quarter growth rate of the total U.S. labor force, providing insights into workforce dynamics and labor market participation.
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, quarterly, not seasonally adjusted series tracks changes in the overall size of the U.S. labor force on a quarterly basis. This metric is a key indicator of labor market health and workforce trends.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Economists and policymakers closely monitor labor force growth to assess the strength of the economy and inform employment and fiscal policies.
Key Facts
- The U.S. labor force comprises all civilians 16 years and older who are either employed or actively seeking work.
- Quarterly labor force growth is a leading indicator of economic expansion or contraction.
- Stable, positive labor force growth is a sign of a healthy, expanding economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of the total U.S. labor force, providing insights into workforce dynamics and labor market participation.
Q: Why is this trend relevant for users or analysts?
A: Labor force growth is a key indicator of economic health, as it reflects the strength and expansion of the workforce. Monitoring this trend helps economists and policymakers assess the state of the labor market and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor labor force growth to assess the strength of the economy and inform employment and fiscal policies, such as decisions on interest rates, government spending, and workforce development initiatives.
Q: Are there update delays or limitations?
A: The labor force growth data is released on a quarterly basis, with a typical delay of several weeks after the end of the reference quarter. While the data is not seasonally adjusted, it may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Not Seasonally Adjusted (LFEMTTTTRUQ657N), retrieved from FRED.