Compensation of Employees in France
FRACOMPQDSNAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
370,419,300,000.00
Year-over-Year Change
19.39%
Date Range
1/1/1980 - 1/1/2024
Summary
The 'Compensation of Employees in France' metric measures the total wages, salaries, and benefits paid to workers by French employers. It is a key indicator of the strength and health of the French labor market.
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 represents the total value of compensation paid to employees working in France, including wages, salaries, and employer-provided benefits. It is a widely-used macroeconomic indicator that provides insight into labor productivity, consumer spending power, and broader economic conditions.
Methodology
The data is compiled by the OECD from national accounts information submitted by the French government.
Historical Context
Economists and policymakers closely monitor trends in employee compensation to assess the state of the overall French economy.
Key Facts
- France is the world's 7th largest economy.
- Employee compensation accounts for over half of France's GDP.
- Wage growth has moderated in recent years due to economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Compensation of Employees in France' metric measures the total wages, salaries, and benefits paid to workers by French employers.
Q: Why is this trend relevant for users or analysts?
A: This is a widely-used macroeconomic indicator that provides insight into labor productivity, consumer spending power, and broader economic conditions in France.
Q: How is this data collected or calculated?
A: The data is compiled by the OECD from national accounts information submitted by the French government.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor trends in employee compensation to assess the state of the overall French economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for France
FRACPIENGAINMEI
Central government debt, total (% of GDP) for France
DEBTTLFRA188A
Harmonized Index of Consumer Prices: Household Textiles for France
CP0520FRM086NEST
Financial Account (Excludes Exceptional Financing and Use of Fund Resources), Net for France
FAEEFNFRA052N
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for France
FRAFCLODCXDC
Infra-Annual Labor Statistics: Employees Total for France
LFESEETTFRQ647N
Citation
U.S. Federal Reserve, Compensation of Employees in France (FRACOMPQDSNAQ), retrieved from FRED.