Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Sweden
Quarterly, Not Seasonally Adjusted
LRAC24MASEQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.80
Year-over-Year Change
2.09%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the average hourly earnings of all employees on private nonfarm payrolls, without seasonal adjustment. It provides insights into wage growth and is a key indicator of labor market conditions.
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 changes in average hourly earnings over time, offering a raw, unadjusted view of wage trends. This metric is widely used by economists and policymakers to assess the strength of the labor market and inflationary pressures.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Historical Context
Policymakers and analysts closely monitor this trend to help inform decisions on monetary policy, minimum wage adjustments, and other labor market interventions.
Key Facts
- The series tracks average hourly earnings for all employees on private nonfarm payrolls.
- Data is published quarterly and not adjusted for seasonal variations.
- This metric is a key indicator of labor market strength and inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of all employees on private nonfarm payrolls, without seasonal adjustment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wage growth and is a key indicator of labor market conditions, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to help inform decisions on monetary policy, minimum wage adjustments, and other labor market interventions.
Q: Are there update delays or limitations?
A: The data is published quarterly and is not adjusted for seasonal variations, which should be considered when interpreting the trend.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC24MASEQ156N), retrieved from FRED.