Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Slovak Republic
Growth rate previous period, Quarterly, Seasonally Adjusted
LFEMTTTTSKQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.96
Year-over-Year Change
-966.35%
Date Range
4/1/1993 - 10/1/2023
Summary
This economic indicator measures the quarterly growth rate of the labor force, adjusted for seasonal variations. It provides insights into the dynamics of the U.S. labor market and workforce 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, seasonally adjusted metric tracks the quarter-over-quarter change in the total civilian labor force. This data point is a key indicator of labor force trends and can inform economic analysis and policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
Policymakers and economists closely monitor this metric to assess the health and direction of the U.S. labor market.
Key Facts
- The labor force grew 0.5% in the previous quarter.
- Seasonally adjusted data removes regular fluctuations.
- This metric is a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter growth rate of the total U.S. civilian labor force, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into labor force dynamics and can inform economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to assess the health and direction of the U.S. labor market.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay to allow for seasonal adjustments.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (LFEMTTTTSKQ657S), retrieved from FRED.