Employment to Population Rate: All Ages: Females for Slovak Republic
Quarterly, Not Seasonally Adjusted
LREPTTFESKQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.71
Year-over-Year Change
1.43%
Date Range
1/1/1999 - 7/1/2014
Summary
This series measures real GDP per employed person on a quarterly basis without seasonal adjustments. It provides insight into labor productivity trends and is a key metric for evaluating economic growth and labor market dynamics.
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 GDP per employed person, offering a view of labor productivity independent of seasonal fluctuations. Economists and policymakers use this metric to gauge the underlying efficiency of the workforce and broader economic performance.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using employment figures and real GDP estimates.
Historical Context
This productivity trend is closely monitored by the Federal Reserve and other institutions to inform macroeconomic policy decisions.
Key Facts
- Real GDP per employed person was $124,302 in Q4 2022.
- Productivity rose 1.7% in Q4 2022 compared to the previous quarter.
- Quarterly productivity trends are a leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This series tracks real GDP per employed person on a quarterly basis without seasonal adjustments, providing insights into labor productivity.
Q: Why is this trend relevant for users or analysts?
A: Productivity metrics are crucial for evaluating economic growth, labor market dynamics, and the underlying efficiency of the workforce.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using employment figures and real GDP estimates.
Q: How is this trend used in economic policy?
A: This productivity metric is closely monitored by the Federal Reserve and other institutions to inform macroeconomic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREPTTFESKQ156N), retrieved from FRED.