Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for Estonia
Annual, Seasonally Adjusted
LRAC55FEEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.98
Year-over-Year Change
27.75%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures annual, seasonally adjusted real average hourly earnings for all employees in the private sector. It provides insights into the purchasing power and living standards of American workers.
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
Real average hourly earnings track changes in worker compensation after accounting for inflation. This metric is closely monitored by economists and policymakers to gauge labor market conditions and the overall health of the economy.
Methodology
The data is collected through surveys of private businesses and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in real average hourly earnings are a key input for Federal Reserve monetary policy decisions and can influence consumer spending, inflation, and broader economic performance.
Key Facts
- Real average hourly earnings have risen by 10% over the past decade.
- The metric is adjusted for inflation using the Consumer Price Index (CPI).
- Trends in real wages can signal changes in worker living standards.
FAQs
Q: What does this economic trend measure?
A: This trend measures annual, seasonally adjusted real average hourly earnings for all private sector employees in the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in real average hourly earnings provide insights into the purchasing power and living standards of American workers, which is a key indicator of the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private businesses and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in real average hourly earnings are a key input for Federal Reserve monetary policy decisions and can influence consumer spending, inflation, and broader economic performance.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Estonia
ESTCPHP0702GYM
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Estonia
LFEAINTTEEA647N
Bank Regulatory Capital to Risk-Weighted Assets for Estonia
DDSI05EEA156NWDB
Value of Exports to Estonia from Idaho
IDESTA052SCEN
Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Estonia
CCUSMA02EEM618N
Production: Manufacturing: Total Manufacturing for Estonia
PRMNTO01EEA657S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC55FEEEA156S), retrieved from FRED.