Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for Denmark
Quarterly, Not Seasonally Adjusted
LRAC74FEDKQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.30
Year-over-Year Change
3.84%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures the average hourly compensation costs for private industry workers in the United States. This metric is a key indicator of labor market conditions and inflationary pressure.
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 series tracks changes in total hourly compensation, including wages and benefits, for private sector employees on a quarterly basis without seasonal adjustments. It provides insight into labor market dynamics and can inform economic policymaking.
Methodology
The data is collected through the Employment Cost Index (ECI) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other policymakers for its implications on inflation and employment.
Key Facts
- The series dates back to 1948.
- Compensation costs account for approximately 70% of total employer costs.
- Trends in this metric can signal changes in the labor market and overall economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' trend measures the average hourly compensation costs for private industry workers in the United States, including wages and benefits.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor market dynamics and can inform economic policymaking, as it is closely monitored by the Federal Reserve and other policymakers for its implications on inflation and employment.
Q: How is this data collected or calculated?
A: The data is collected through the Employment Cost Index (ECI) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Quarterly, Not Seasonally Adjusted' trend is used by the Federal Reserve and other policymakers to assess labor market conditions and inflationary pressures, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Labor Statistics, with a typical release lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC74FEDKQ156N), retrieved from FRED.