Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Sweden
Quarterly, Seasonally Adjusted
LRAC25MASEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.23
Year-over-Year Change
0.61%
Date Range
1/1/2001 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the unit labor costs for the manufacturing sector in the United States. It is an important indicator of productivity and inflation pressures.
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
Unit labor costs represent the cost of labor input required to produce one unit of output. This metric is used by economists and policymakers to assess changes in productivity and inflationary trends within the manufacturing industry.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics through surveys of manufacturing establishments.
Historical Context
Quarterly unit labor cost trends inform the Federal Reserve's monetary policy decisions and are closely watched by analysts assessing the health of the U.S. economy.
Key Facts
- Unit labor costs rose 2.4% in Q4 2022.
- Productivity declined 1.5% in Q4 2022.
- Manufacturing accounts for 11.3% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures unit labor costs in the U.S. manufacturing sector, which represent the cost of labor required to produce one unit of output.
Q: Why is this trend relevant for users or analysts?
A: Unit labor cost trends are a key indicator of productivity and inflationary pressures in the manufacturing industry, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: Quarterly unit labor cost data informs the Federal Reserve's monetary policy decisions and is closely watched by analysts assessing the health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately two months.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Sweden
SWECINSADSMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Sweden
SWECPHP0600GYM
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Sweden
SWEFCLODCGGDPPT
Sales: Retail Trade: Total Retail Trade: Value for Sweden
SWESLRTTO02IXOBSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Sweden
SWECP040500GYQ
Bank Regulatory Capital to Risk-Weighted Assets for Sweden
DDSI05SEA156NWDB
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRAC25MASEQ156S), retrieved from FRED.