Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Canada
Quarterly, Not Seasonally Adjusted
LFEAAGTTCAQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
302,500.00
Year-over-Year Change
-10.99%
Date Range
1/1/1961 - 4/1/2025
Summary
This trend measures quarterly total compensation per hour for all employees in the non-farm business sector. It provides insight into labor costs and can inform economic policy decisions.
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 Quarterly, Not Seasonally Adjusted series tracks total compensation, including wages and benefits, paid to workers in the non-farm business sector on a per-hour basis. It is a key indicator of labor market conditions and labor costs for businesses.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this metric to assess inflationary pressures and the overall health of the labor market.
Key Facts
- Quarterly data, not seasonally adjusted.
- Measures total compensation, including wages and benefits.
- Provides insight into labor market conditions and inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures total compensation per hour for all employees in the non-farm business sector, including wages and benefits.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market conditions and labor costs, which are important for understanding inflationary pressures and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess inflationary pressures and the overall health of the labor market, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly and may have a delay of several weeks before publication.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEAAGTTCAQ647N), retrieved from FRED.