Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Portugal
Annual, Not Seasonally Adjusted
LRAC25TTPTA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.68
Year-over-Year Change
5.01%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor productivity in the United States. It is an important indicator for economists and policymakers to understand productivity growth and its impact on economic performance.
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 productivity trend represents the ratio of real output to the number of hours worked in the U.S. economy. It is a key metric for analyzing labor market efficiency and the underlying drivers of economic growth.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using production and employment figures.
Historical Context
This productivity trend is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The U.S. experienced steady labor productivity growth from 1950 to 2020.
- Productivity gains are a key driver of rising living standards over the long-term.
- Slowing productivity growth is a concern for future economic expansion.
FAQs
Q: What does this economic trend measure?
A: This trend measures annual, not seasonally adjusted labor productivity in the United States, which is the ratio of real output to hours worked.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a key determinant of economic expansion and living standards, so this metric is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using production and employment figures.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers monitor this productivity trend to inform decisions on economic and monetary policy.
Q: Are there update delays or limitations?
A: There may be some delay in the release of this data by the statistical agencies.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRAC25TTPTA156N), retrieved from FRED.