Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Japan

Quarterly, Not Seasonally Adjusted

LRAC25TTJPQ156N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

90.33

Year-over-Year Change

1.44%

Date Range

1/1/1968 - 4/1/2025

Summary

This economic trend measures the unit labor costs for the total economy on a quarterly basis without seasonal adjustments. It is a key indicator of inflationary pressures 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

Unit labor costs represent the average cost of labor per unit of output and are calculated as the ratio of total labor compensation to real output. This metric is widely used by economists and policymakers to assess the competitiveness of the U.S. economy.

Methodology

The data is calculated by the U.S. Bureau of Labor Statistics using information on employee compensation and productivity.

Historical Context

Trends in unit labor costs provide valuable insights for the Federal Reserve and other institutions when setting monetary and fiscal policies.

Key Facts

  • Unit labor costs rose 3.3% in Q4 2022.
  • Manufacturing unit labor costs increased 1.1% in Q4 2022.
  • Unit labor costs are a key input for the Federal Reserve's policy decisions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the unit labor costs for the total U.S. economy on a quarterly basis without seasonal adjustments. Unit labor costs represent the average cost of labor per unit of output.

Q: Why is this trend relevant for users or analysts?

A: Trends in unit labor costs provide valuable insights into inflationary pressures and productivity, which are crucial factors 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 information on employee compensation and productivity.

Q: How is this trend used in economic policy?

A: Trends in unit labor costs are closely monitored by the Federal Reserve and other institutions when setting monetary and fiscal policies to maintain economic stability and competitiveness.

Q: Are there update delays or limitations?

A: The data is released quarterly by the Bureau of Labor Statistics, with a typical lag of approximately one month after the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC25TTJPQ156N), retrieved from FRED.