Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Japan
Monthly, Seasonally Adjusted
LRAC25TTJPM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.41
Year-over-Year Change
0.80%
Date Range
1/1/1970 - 6/1/2025
Summary
This series measures monthly, seasonally adjusted total labor cost per hour for the nonfarm business sector in the United States. It is a key indicator of labor market conditions and inflationary pressures.
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 Monthly, Seasonally Adjusted Labor Productivity series tracks changes in the efficiency of labor inputs in the U.S. nonfarm business sector. It is a widely followed metric used by economists and policymakers to assess overall economic performance and productivity trends.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and establishments.
Historical Context
Labor productivity is a crucial input for monetary and fiscal policy decisions.
Key Facts
- Labor productivity grew 1.7% in the previous quarter.
- The U.S. ranks 10th globally in labor productivity per hour.
- Rising labor costs can contribute to higher consumer prices.
FAQs
Q: What does this economic trend measure?
A: This series measures monthly changes in labor productivity, or output per hour, for the nonfarm business sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: Labor productivity is a key indicator of economic efficiency and a driver of long-term growth. Monitoring productivity trends helps economists and policymakers assess inflationary pressures and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and establishments.
Q: How is this trend used in economic policy?
A: Labor productivity is a crucial input for monetary and fiscal policy decisions, as it impacts inflation, employment, and economic growth.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LRAC25TTJPM156S), retrieved from FRED.