Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for France
Annual, Seasonally Adjusted
LRAC74FEFRA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.05
Year-over-Year Change
1.92%
Date Range
1/1/2003 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the average hourly earnings of all employees in the retail trade industry, adjusted for seasonal variations. This metric is a key indicator of labor market conditions and inflationary pressures in the broader 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 Annual, Seasonally Adjusted series tracks the average hourly wage for retail workers in the United States on an annual basis, with adjustments made to account for typical seasonal fluctuations. This data point is widely used by economists and policymakers to assess the health of the labor market and broader economic trends.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in retail worker earnings are closely monitored by the Federal Reserve and other institutions to inform monetary policy decisions.
Key Facts
- Retail trade accounts for over 15% of total U.S. employment.
- Wages in the retail sector have risen by 3.2% on average over the past 5 years.
- Seasonal adjustments help smooth out typical fluctuations in retail hiring and hours worked.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the average hourly earnings of all employees in the retail trade industry, adjusted for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Trends in retail worker earnings are an important indicator of labor market conditions and inflationary pressures, providing insights that inform economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor retail worker earnings to help inform monetary policy decisions and assess the overall health of the labor market.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC74FEFRA156S), retrieved from FRED.