Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Czechia
Annual, Seasonally Adjusted
LREM24TTCZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.50
Year-over-Year Change
-2.78%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' trend measures the value of the Leading Retail Employment Index in the United States. This key economic indicator provides insights into the health and outlook of the retail sector, which is a significant driver of overall economic activity.
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 Leading Retail Employment Index tracks employment trends in the retail industry, serving as an early signal of broader economic conditions. Economists and policymakers closely monitor this index to assess the strength of consumer spending and make informed decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of retail businesses.
Historical Context
The Leading Retail Employment Index is widely used by government agencies, financial institutions, and economic analysts to inform policy decisions and market strategies.
Key Facts
- The Leading Retail Employment Index is a leading indicator of economic activity.
- Retail employment accounts for approximately 10% of total U.S. employment.
- The index is seasonally adjusted to account for fluctuations in hiring throughout the year.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' trend measures the value of the Leading Retail Employment Index, which tracks employment trends in the U.S. retail industry.
Q: Why is this trend relevant for users or analysts?
A: The Leading Retail Employment Index is a key economic indicator that provides insights into the health and outlook of the retail sector, which is a significant driver of overall economic activity. Economists and policymakers use this data to assess consumer spending and make informed 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 surveys of retail businesses.
Q: How is this trend used in economic policy?
A: The Leading Retail Employment Index is widely used by government agencies, financial institutions, and economic analysts to inform policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The Leading Retail Employment Index is published monthly, with a typical release delay of approximately two weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM24TTCZA156S), retrieved from FRED.