Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Portugal
Quarterly, Not Seasonally Adjusted
LRAC25TTPTQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.00
Year-over-Year Change
1.21%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the total compensation per hour for non-farm business sector labor. It is a key indicator of labor costs and productivity that informs economic policy decisions.
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 Quarterly, Not Seasonally Adjusted labor compensation per hour metric represents the total compensation, including wages and benefits, paid to workers in the non-farm business sector. Economists and policymakers use this data to assess labor market conditions and their implications for inflation, economic growth, and policy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and workers.
Historical Context
This labor compensation trend is closely watched by the Federal Reserve and other economic institutions to gauge inflationary pressures and the broader health of the U.S. economy.
Key Facts
- Measures total compensation per hour for non-farm businesses.
- A key indicator of labor costs and productivity trends.
- Used by policymakers to assess inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total compensation per hour, including wages and benefits, paid to workers in the non-farm business sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This labor compensation metric is a key indicator of labor costs and productivity that informs economic policy decisions by the Federal Reserve and other institutions.
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 workers.
Q: How is this trend used in economic policy?
A: The Quarterly, Not Seasonally Adjusted labor compensation per hour trend is closely watched by the Federal Reserve and other economic institutions to gauge inflationary pressures and the broader health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, providing timely information on labor market conditions.
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Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Portugal
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC25TTPTQ156N), retrieved from FRED.