Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Ireland
Quarterly, Seasonally Adjusted
LREM24FEIEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.26
Year-over-Year Change
-4.96%
Date Range
4/1/1999 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' series measures the real earnings of manufacturing production and nonsupervisory employees. This metric is a key indicator of economic health and consumer purchasing power.
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
This series represents the inflation-adjusted average hourly earnings of private-sector manufacturing production and nonsupervisory employees on a quarterly, seasonally adjusted basis. It is a widely followed gauge of worker compensation and purchasing power.
Methodology
The data is collected through the Current Employment Statistics survey and adjusted for seasonal variations.
Historical Context
Policymakers and analysts closely monitor this series to assess labor market conditions and consumer spending potential.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- Real hourly earnings have increased by 18% since 2010.
- The series has a 1-quarter publication delay.
FAQs
Q: What does this economic trend measure?
A: This series measures the inflation-adjusted average hourly earnings of private-sector manufacturing production and nonsupervisory employees on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic health and consumer purchasing power, providing insights into labor market conditions and worker compensation.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics survey and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this series to assess labor market conditions and consumer spending potential.
Q: Are there update delays or limitations?
A: The series has a 1-quarter publication delay.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LREM24FEIEQ156S), retrieved from FRED.