Activity Rate: Aged 15-64: Females for the European Union
Quarterly, Not Seasonally Adjusted
LRAC64FEEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.80
Year-over-Year Change
1.93%
Date Range
4/1/2000 - 10/1/2019
Summary
The Quarterly, Not Seasonally Adjusted trend measures the ratio of labor compensation to GDP for the U.S. economy. This metric is a key indicator of the distribution of economic growth between workers and business owners.
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 the ratio of labor compensation, including wages and benefits, to gross domestic product (GDP). It provides insight into how the gains from economic activity are shared between employees and businesses.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national income and product accounts.
Historical Context
Economists and policymakers monitor this trend to assess the strength of the labor market and the overall health of the economy.
Key Facts
- The ratio averaged 0.58 from 1947 to 2022.
- The ratio reached a peak of 0.64 in Q1 2022.
- A rising ratio indicates labor is capturing a larger share of economic growth.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trend measures the ratio of labor compensation, including wages and benefits, to gross domestic product (GDP) in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the distribution of economic gains between workers and businesses, which is a key factor in assessing the overall health and fairness of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national income and product accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess labor market conditions and the strength of the economy, which can inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC64FEEUQ156N), retrieved from FRED.