Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for Estonia
Quarterly, Not Seasonally Adjusted
LRAC55FEEEQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.40
Year-over-Year Change
1.01%
Date Range
1/1/2000 - 1/1/2025
Summary
This quarterly, not seasonally adjusted economic trend measures labor productivity, a key indicator of economic efficiency and growth potential.
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
Labor productivity tracks the output per hour worked in the nonfarm business sector, providing insights into a country's productive capacity and competitiveness. It is a crucial metric used by economists and policymakers to assess macroeconomic performance.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Labor productivity trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Quarterly, not seasonally adjusted labor productivity data is published by the U.S. Bureau of Labor Statistics.
- Higher labor productivity growth is associated with increased living standards and economic competitiveness.
- Labor productivity is a key input for estimating potential GDP and the natural rate of unemployment.
FAQs
Q: What does this economic trend measure?
A: This trend measures labor productivity, which is the output per hour worked in the nonfarm business sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: Labor productivity is a crucial indicator of economic efficiency and growth potential, making it highly relevant for economists, policymakers, and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Labor productivity trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted labor productivity data is published by the U.S. Bureau of Labor Statistics with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC55FEEEQ156N), retrieved from FRED.