Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for Japan
Quarterly, Not Seasonally Adjusted
LRAC64TTJPQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.41
Year-over-Year Change
1.66%
Date Range
1/1/1968 - 4/1/2025
Summary
This economic trend measures the unit labor costs for the manufacturing sector in Japan on a quarterly, non-seasonally adjusted basis. It is a key indicator of productivity and inflation pressures.
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
Unit labor costs represent the average cost of labor per unit of output. This metric is used by economists and policymakers to assess manufacturing sector productivity and inflationary trends in the Japanese economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of output and labor compensation.
Historical Context
Quarterly unit labor cost trends are closely monitored for insights into Japan's economic performance and policy decisions.
Key Facts
- Japan is a major global manufacturing hub.
- Unit labor costs are a key driver of inflation.
- This metric was last updated in the fourth quarter of 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unit labor costs for the manufacturing sector in Japan on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Unit labor costs are a crucial indicator of manufacturing productivity and inflationary pressures, making this trend highly relevant for economists and policymakers analyzing the Japanese economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on measures of output and labor compensation.
Q: How is this trend used in economic policy?
A: Quarterly unit labor cost trends are closely monitored by policymakers and analysts for insights into Japan's economic performance and to inform policy decisions.
Q: Are there update delays or limitations?
A: This data is updated quarterly, with the most recent release covering the fourth quarter of 2022.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC64TTJPQ156N), retrieved from FRED.