Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Denmark
Annual, Not Seasonally Adjusted
LRAC25FEDKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.93
Year-over-Year Change
0.59%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor cost per hour in the manufacturing sector. It provides insights into labor productivity and cost pressures that inform economic analysis and policy decisions.
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, not seasonally adjusted labor cost per hour in manufacturing represents the total compensation, including wages and benefits, paid to workers per hour of labor. This metric is closely watched by economists and policymakers to assess inflationary pressures and labor market dynamics.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to monitor labor market conditions and guide policies aimed at promoting productivity and competitiveness.
Key Facts
- The annual labor cost per hour in manufacturing has increased by 3.2% over the past year.
- Manufacturing labor costs account for a significant portion of total production costs.
- Trends in this metric are closely watched by the Federal Reserve and other policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor cost per hour in the manufacturing sector. It provides insights into labor productivity and cost pressures.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to assess inflationary pressures and labor market dynamics, which inform economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used to monitor labor market conditions and guide policies aimed at promoting productivity and competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRAC25FEDKA156N), retrieved from FRED.