Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for France
Annual, Seasonally Adjusted
LRAC25FEFRA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.95
Year-over-Year Change
1.19%
Date Range
1/1/2003 - 1/1/2024
Summary
This trend measures the annual, seasonally adjusted labor productivity in the private nonfarm business sector, which is a key indicator of economic growth and competitiveness.
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
Labor productivity tracks the relationship between output and the labor input required to produce that output. It is an important metric for evaluating the efficiency and competitiveness of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using establishment survey data.
Historical Context
Policymakers closely monitor labor productivity trends to inform economic and employment policies.
Key Facts
- Labor productivity grew 1.7% in 2021.
- The U.S. has seen sluggish productivity growth since the 2008 financial crisis.
- Higher productivity enables higher wages and living standards.
FAQs
Q: What does this economic trend measure?
A: This trend measures annual, seasonally adjusted labor productivity in the private nonfarm business sector, which tracks output per hour worked.
Q: Why is this trend relevant for users or analysts?
A: Labor productivity is a key indicator of economic competitiveness and growth potential. Tracking productivity trends helps inform economic and employment policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using establishment survey data.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor labor productivity to gauge the efficiency and competitiveness of the U.S. economy, informing decisions on economic and employment policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC25FEFRA156S), retrieved from FRED.