Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Canada
Quarterly, Not Seasonally Adjusted
LRAC25TTCAQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.57
Year-over-Year Change
-0.37%
Date Range
1/1/1976 - 4/1/2025
Summary
This trend measures the unit labor costs in the private nonfarm business sector on a quarterly, not seasonally adjusted basis. It is a key indicator of inflationary pressures and worker productivity.
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
Unit labor costs represent the cost of labor input required to produce one unit of output. This metric is closely watched by economists and policymakers as it provides insights into inflationary trends and the broader health of the labor market.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using productivity and compensation data.
Historical Context
Quarterly unit labor cost trends help inform monetary policy decisions by the Federal Reserve.
Key Facts
- Unit labor costs rose 5.5% in Q4 2022.
- Productivity fell 3.0% in Q4 2022.
- Hourly compensation increased 2.3% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures unit labor costs in the private nonfarm business sector on a quarterly, not seasonally adjusted basis. It captures the cost of labor input required to produce one unit of output.
Q: Why is this trend relevant for users or analysts?
A: Unit labor cost trends are a key indicator of inflationary pressures and worker productivity, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using productivity and compensation data.
Q: How is this trend used in economic policy?
A: Quarterly unit labor cost trends help inform monetary policy decisions by the Federal Reserve as they assess inflationary risks and the broader health of the labor market.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of approximately two months from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC25TTCAQ156N), retrieved from FRED.