Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 64 Years for Japan
Annual, Seasonally Adjusted
LRAC64FEJPA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.15
Year-over-Year Change
20.02%
Date Range
1/1/1968 - 1/1/2024
Summary
This economic trend measures total labor productivity in the U.S. nonfarm business sector on an annual, seasonally adjusted basis. Productivity is a key indicator of economic growth and competitiveness.
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 Annual, Seasonally Adjusted Labor Productivity index tracks changes in the output per hour worked in the U.S. nonfarm business sector. It is a vital metric for assessing the efficiency and competitiveness of the American economy over time.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using production and employment information from various government surveys.
Historical Context
Policymakers and economists closely monitor labor productivity trends to inform decisions around fiscal, monetary, and regulatory policies.
Key Facts
- Productivity has increased by over 250% since the 1950s.
- Higher productivity allows for higher real wages and living standards.
- Productivity growth has slowed since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures total labor productivity in the U.S. nonfarm business sector on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Labor productivity is a key indicator of economic growth and competitiveness, providing insights into the efficiency and output of American businesses.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using production and employment information from various government surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor productivity trends to inform decisions around fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC64FEJPA156S), retrieved from FRED.