Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 55 to 64 Years for Denmark
Quarterly, Not Seasonally Adjusted
LRAC55TTDKQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.60
Year-over-Year Change
3.74%
Date Range
1/1/1999 - 1/1/2025
Summary
This trend measures the total labor compensation per hour worked in the U.S. private non-farm business sector on a quarterly basis without seasonal adjustments. It provides important insights into labor market dynamics and productivity.
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 Labor Productivity and Costs (LPC) program tracks this series, which represents the relationship between output and the labor time involved in its production. It is a key indicator of economic efficiency and competitiveness.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Bureau of Labor Statistics.
Historical Context
This metric informs economic policymaking and analysis of the broader business cycle.
Key Facts
- Quarterly data, not seasonally adjusted.
- Measures total labor compensation per hour worked.
- Provides insights into economic efficiency and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor compensation per hour worked in the U.S. private non-farm business sector on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into labor market dynamics and productivity, informing economic policymaking and analysis of the broader business cycle.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is used to inform economic policymaking and analysis of the broader business cycle.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC55TTDKQ156N), retrieved from FRED.