Labor Compensation: Earnings: All Activities: Real Monthly Earnings for Brazil
Index 2015=100, Annual, Not Seasonally Adjusted
LCEATT04BRA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.11
Year-over-Year Change
0.30%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the Annual, Not Seasonally Adjusted index of labor compensation costs in Brazil, with a base year of 2015=100. It provides important insights into wage and labor market dynamics in the Brazilian economy.
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 Labor Compensation Index tracks changes in the total labor costs incurred by employers, including wages, salaries, and benefits. This metric is a key indicator of domestic labor market conditions and can inform economic analysis and policymaking.
Methodology
The data is collected through surveys of Brazilian employers and calculated as an index with a base year of 2015=100.
Historical Context
Policymakers and analysts use this labor cost index to assess inflationary pressures and the competitiveness of the Brazilian workforce.
Key Facts
- Base year is 2015=100.
- Annual, not seasonally adjusted data.
- Measures total labor costs, including wages and benefits.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the total labor compensation costs incurred by employers in Brazil, including wages, salaries, and benefits.
Q: Why is this trend relevant for users or analysts?
A: The labor compensation index is a key indicator of domestic labor market conditions and can inform economic analysis and policymaking related to inflation, competitiveness, and employment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Brazilian employers and calculated as an index with a base year of 2015=100.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this labor cost index to assess inflationary pressures and the competitiveness of the Brazilian workforce.
Q: Are there update delays or limitations?
A: The data is published annually, so there may be a delay in the most recent information becoming available.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (LCEATT04BRA661N), retrieved from FRED.