Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Spain
Quarterly, Not Seasonally Adjusted
LRAC24MAESQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.00
Year-over-Year Change
4.29%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' series measures the average weekly hours worked by all employees in the manufacturing sector. This metric provides insight into production and labor market trends.
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 the average number of hours worked per week by all employees in U.S. manufacturing industries. It is a key indicator of productivity, capacity utilization, and labor market conditions in the manufacturing sector.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health and outlook of the manufacturing industry.
Key Facts
- The current average weekly hours worked in U.S. manufacturing is [X.X] hours.
- Manufacturing hours reached a low of [X.X] hours during the [YEAR] recession.
- Trends in manufacturing hours can signal changes in output, hiring, and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average number of hours worked per week by all employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Trends in manufacturing hours provide insight into production, capacity utilization, and labor market conditions in a key sector of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health and outlook of the manufacturing industry, which is an important driver of overall economic activity.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately one month.
Related Trends
Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for Spain
GOODS0ESM086NEST
Gross Domestic Product for Spain
MKTGDPESA646NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Spain
ESPCPHP0404IXOBM
Harmonized Index of Consumer Prices: Hospital Services for Spain
CP0630ESM086NEST
Consumer Opinion Surveys: Economic Situation: Future Tendency for Spain
CSESFT02ESM460S
Harmonized Index of Consumer Prices: Milk, Cheese and Eggs for Spain
CP0114ESM086NEST
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC24MAESQ156N), retrieved from FRED.