Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Japan
Annual, Seasonally Adjusted
LRAC25FEJPA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.60
Year-over-Year Change
15.74%
Date Range
1/1/1968 - 1/1/2024
Summary
This economic trend measures annual, seasonally adjusted labor productivity in the non-farm business sector. It is a key indicator of economic efficiency and a driver of long-term growth.
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 output per hour worked, providing insights into how efficiently the economy is using its labor resources. This metric is closely watched by policymakers and analysts to assess the productive capacity of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of real output and hours worked.
Historical Context
Labor productivity data informs Federal Reserve decisions and is used to forecast economic growth and inflation.
Key Facts
- Labor productivity has grown by an average of 1.7% annually since 1947.
- Increased productivity enables higher living standards and wage growth.
- Productivity data is a key input for macroeconomic forecasting and policymaking.
FAQs
Q: What does this economic trend measure?
A: This trend measures annual, seasonally adjusted labor productivity in the non-farm business sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: Labor productivity is a crucial indicator of economic efficiency and a driver of long-term growth, making it closely watched by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on measures of real output and hours worked.
Q: How is this trend used in economic policy?
A: Labor productivity data informs Federal Reserve decisions and is used to forecast economic growth and inflation.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short lag, providing timely insights into productivity trends.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC25FEJPA156S), retrieved from FRED.