Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Estonia
Annual, Seasonally Adjusted
LRACTTFEEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.90
Year-over-Year Change
13.49%
Date Range
1/1/2000 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures total compensation costs for civilian workers, including wages, salaries, and benefits. This metric is a key indicator of labor market conditions and inflationary 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
The Employment Cost Index (ECI) tracks changes in the costs of labor, providing a comprehensive measure of compensation trends in the U.S. economy. It is widely used by policymakers, economists, and businesses to analyze labor market dynamics and inform economic decision-making.
Methodology
The ECI data is collected through a quarterly survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The ECI is a critical input for the Federal Reserve's monetary policy decisions, as changes in labor costs can signal inflationary pressures in the economy.
Key Facts
- The ECI is published quarterly by the U.S. Bureau of Labor Statistics.
- Compensation costs account for approximately 70% of total business costs in the United States.
- The ECI is one of the Federal Reserve's key indicators when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures total compensation costs for civilian workers, including wages, salaries, and benefits.
Q: Why is this trend relevant for users or analysts?
A: The Employment Cost Index is a critical indicator of labor market conditions and inflationary pressures, providing valuable insights for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The ECI data is collected through a quarterly survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The ECI is a key input for the Federal Reserve's monetary policy decisions, as changes in labor costs can signal inflationary pressures in the economy.
Q: Are there update delays or limitations?
A: The ECI is published quarterly by the U.S. Bureau of Labor Statistics, with a typical data release lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRACTTFEEEA156S), retrieved from FRED.