Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Portugal
Annual, Not Seasonally Adjusted
LRAC25FEPTA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.45
Year-over-Year Change
6.84%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the average annual compensation per full-time equivalent employee in the private sector. It provides insights into wage growth and labor market conditions.
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 economic indicator tracks the total annual compensation, including wages, salaries, and benefits, divided by the number of full-time equivalent employees in the private sector. It is a key measure of labor costs and productivity used by economists and policymakers.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Historical Context
Trends in private sector compensation are closely monitored for their implications on inflation, consumer spending, and overall economic health.
Key Facts
- Annual private sector compensation averaged $70,672 in 2021.
- Compensation rose 4.7% in 2021 compared to the prior year.
- Private sector employment reached 128 million in 2021, a new record high.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the average annual compensation, including wages, salaries, and benefits, per full-time equivalent employee in the private sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into labor market conditions, wage growth, and overall economic health. It is closely monitored by economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Q: How is this trend used in economic policy?
A: Trends in private sector compensation are used by the Federal Reserve, government agencies, and market analysts to assess inflationary pressures, consumer spending, and the overall state of the economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months. There may be revisions to previously reported figures as more complete information becomes available.
Related Trends
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Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for Portugal
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRAC25FEPTA156N), retrieved from FRED.