Labor Force Participation Rate for Pennsylvania
Not Seasonally Adjusted
LBSNSA42 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.00
Year-over-Year Change
-1.27%
Date Range
1/1/1976 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series tracks U.S. labor costs excluding seasonal factors, providing a raw measure of employment compensation trends.
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 index represents the employment cost index (ECI) for total compensation, excluding seasonal adjustments. It is a key measure of underlying labor market conditions used by economists and policymakers.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of private industry employers.
Historical Context
The not seasonally adjusted ECI is referenced by the Federal Reserve and other institutions to interpret economic performance.
Key Facts
- Tracks total employment compensation, excluding seasonal factors.
- Provides a raw measure of underlying labor market conditions.
- Referenced by policymakers and economists to interpret economic performance.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks U.S. employment cost index (ECI) for total compensation, excluding seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This raw, unadjusted measure of labor costs is used by economists and policymakers to interpret underlying labor market conditions and economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of private industry employers.
Q: How is this trend used in economic policy?
A: The not seasonally adjusted ECI is referenced by the Federal Reserve and other institutions to assess labor market trends and their implications for the broader economy.
Q: Are there update delays or limitations?
A: The not seasonally adjusted ECI data is published quarterly by the Bureau of Labor Statistics, with a typical 1-2 month release lag.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (LBSNSA42), retrieved from FRED.