Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Finland
Annual, Not Seasonally Adjusted
LRAC25FEFIA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.68
Year-over-Year Change
3.41%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor compensation per full-time equivalent employee in the private nonfarm business sector. It provides insights into wage growth and productivity 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
The annual, not seasonally adjusted labor compensation per full-time equivalent employee is a key metric for understanding labor market dynamics and overall economic performance. It reflects changes in wages, benefits, and productivity across the private nonfarm business sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Historical Context
This trend is closely monitored by policymakers, analysts, and businesses to assess labor market conditions and their implications for inflation, consumer spending, and broader economic policy.
Key Facts
- Annual labor compensation per full-time employee was $74,236 in 2022.
- Productivity in the private nonfarm business sector grew by 1.7% in 2022.
- Wages and benefits account for over 70% of total labor costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor compensation per full-time equivalent employee in the private nonfarm business sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into wage growth, productivity, and labor market dynamics, which are crucial for understanding broader economic performance and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, analysts, and businesses to assess labor market conditions and their implications for inflation, consumer spending, and broader economic policy.
Q: Are there update delays or limitations?
A: The data is typically published on a quarterly basis with a delay of several weeks.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRAC25FEFIA156N), retrieved from FRED.