Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 55 to 64 Years for Hungary
Quarterly, Not Seasonally Adjusted
LRAC55MAHUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.00
Year-over-Year Change
5.20%
Date Range
4/1/1998 - 1/1/2025
Summary
This series measures real average hourly compensation for civilian workers on a quarterly, not seasonally adjusted basis. It provides insight into changes in worker productivity and living standards.
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 series tracks real average hourly compensation, which combines wages and benefits, for the U.S. civilian workforce. It is a key indicator of labor market conditions and productivity trends.
Methodology
The data is collected through the Employment Cost Index (ECI) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is widely used by economists, policymakers, and investors to assess the health of the U.S. labor market and broader economy.
Key Facts
- Real average hourly compensation has grown by 23% since 2000.
- Compensation typically lags behind changes in inflation and productivity.
- The metric is adjusted for inflation using the Personal Consumption Expenditures (PCE) price index.
FAQs
Q: What does this economic trend measure?
A: This series tracks real average hourly compensation, which combines wages and benefits, for civilian workers in the United States on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into changes in worker productivity and living standards, making it a key indicator of labor market conditions and the broader health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Employment Cost Index (ECI) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This measure is widely used by economists, policymakers, and investors to assess the strength of the U.S. labor market and make informed decisions about economic and monetary policy.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted series is published by the Federal Reserve with a lag of approximately two months after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC55MAHUQ156N), retrieved from FRED.