Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for Switzerland
Annual, Seasonally Adjusted
LRAC64TTCHA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.10
Year-over-Year Change
2.19%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted labor productivity for the transportation and warehousing sector in the United States. It is a key indicator of efficiency and competitiveness in this important industry.
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, providing insights into technological adoption, process improvements, and economic conditions within the transportation and logistics sector. Policymakers and analysts use this data to assess the industry's competitive position and guide policy decisions.
Methodology
The data is collected through surveys and calculations by the U.S. Bureau of Labor Statistics.
Historical Context
This productivity metric informs economic and transportation policy discussions.
Key Facts
- The transportation and warehousing sector accounts for nearly 5% of U.S. GDP.
- Productivity growth in this industry lags behind the overall U.S. economy.
- Rising labor productivity is linked to increased automation and technological adoption.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted labor productivity for the U.S. transportation and warehousing sector, indicating output per hour worked.
Q: Why is this trend relevant for users or analysts?
A: This productivity metric provides insights into the efficiency and competitiveness of a crucial industry, informing economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and calculations by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This productivity measure is used by policymakers and analysts to assess the transportation and logistics sector's competitive position and guide related policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all productivity factors in this complex industry.
Related Trends
Inflation, consumer prices for Switzerland
FPCPITOTLZGCHE
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Switzerland
CHECPHP1200GYM
Leading Indicators OECD: Component series: BTS - Demand or orders inflow: Normalised for Switzerland
CHELOCOBDNOSTSAM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Switzerland
LRHUADFECHA156N
Stock Market Turnover Ratio (Value Traded/Capitalization) for Switzerland
DDEM01CHA156NWDB
Harmonized Index of Consumer Prices: Passenger Transport by Road for Switzerland
CP0732CHM086NEST
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC64TTCHA156S), retrieved from FRED.