Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 55 to 64 Years for Sweden
Annual, Seasonally Adjusted
LRAC55FESEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.68
Year-over-Year Change
11.78%
Date Range
1/1/2001 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the real labor productivity of the U.S. nonfarm business sector. It is a key indicator of economic efficiency and a driver of long-term growth.
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
This productivity measure tracks the ratio of real output to hours worked, providing insights into the efficiency and technological progress of the U.S. economy. It is widely used by policymakers, economists, and analysts to gauge the nation's economic health and competitiveness.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using output and hours worked information from various sources.
Historical Context
Productivity growth is essential for maintaining living standards and international competitiveness, making this trend crucial for economic policy decisions.
Key Facts
- U.S. nonfarm business productivity grew 1.5% in 2022.
- Productivity is a key driver of long-term economic growth.
- Higher productivity enables higher wages and living standards.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the real labor productivity of the U.S. nonfarm business sector, reflecting the ratio of real output to hours worked.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is essential for maintaining living standards and international economic competitiveness, making this trend crucial for policymakers, economists, 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 output and hours worked information from various sources.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor productivity trends to inform decisions on economic growth, competitiveness, and living standards.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions as more complete information becomes available.
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Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Sweden
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DDDM01SEA156NWDB
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Sweden
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC55FESEA156S), retrieved from FRED.