Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Slovak Republic
Quarterly, Not Seasonally Adjusted
LRAC25FESKQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.80
Year-over-Year Change
1.28%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the unit labor costs for the manufacturing sector in the United States on a quarterly, not seasonally adjusted basis. It provides insights into productivity and inflationary pressures.
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
Unit labor costs represent the average cost of labor per unit of output and are a key indicator of productivity and inflationary trends. This series is used by economists and policymakers to assess the competitiveness of U.S. manufacturing and potential price pressures.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using established methods for measuring labor productivity and compensation.
Historical Context
Quarterly unit labor cost trends are closely monitored by the Federal Reserve and other institutions for their implications on monetary and fiscal policy decisions.
Key Facts
- Unit labor costs rose 3.2% in the fourth quarter of 2022.
- Increased unit labor costs can signal potential price inflation.
- Manufacturing accounts for about 11% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unit labor costs for the U.S. manufacturing sector on a quarterly, not seasonally adjusted basis. It captures the average cost of labor per unit of output.
Q: Why is this trend relevant for users or analysts?
A: Unit labor cost trends provide insights into productivity and inflationary pressures, which are closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using established methods for measuring labor productivity and compensation.
Q: How is this trend used in economic policy?
A: Quarterly unit labor cost trends are closely watched by the Federal Reserve and other institutions for their implications on monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical lag of 2-3 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC25FESKQ156N), retrieved from FRED.