Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for G7
Quarterly, Seasonally Adjusted
G7LFHUTTFESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,995,733.00
Year-over-Year Change
6.31%
Date Range
1/1/1991 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the U.S. gross domestic product (GDP) per hour worked, a key indicator of labor productivity and economic efficiency.
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 tracks the output per hour of all persons in the nonfarm business sector, providing insights into the underlying productivity trends driving economic growth. It is a widely followed metric used by policymakers, analysts, and businesses to assess the health and competitiveness of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using output and hours worked information from various government surveys.
Historical Context
Quarterly productivity data informs Federal Reserve policy decisions and is closely watched by financial markets.
Key Facts
- GDP per hour worked rose 1.9% in Q4 2022.
- Productivity growth has averaged 1.5% annually over the past decade.
- Higher productivity is linked to rising living standards and global competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks U.S. gross domestic product (GDP) per hour worked, a key measure of labor productivity and economic efficiency.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a crucial driver of economic expansion and improved living standards. This metric provides insight into the underlying drivers of GDP growth and is closely watched by policymakers and market participants.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics calculates this series using output and hours worked data from various government surveys.
Q: How is this trend used in economic policy?
A: Quarterly productivity data informs Federal Reserve policy decisions and is closely watched by financial markets as an indicator of the economy's health and competitiveness.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted data is published with a lag of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (G7LFHUTTFESTSAQ), retrieved from FRED.