Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Portugal
Quarterly, Not Seasonally Adjusted
LRHU24FEPTQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.67
Year-over-Year Change
5.92%
Date Range
1/1/1998 - 4/1/2025
Summary
This economic trend measures the average hourly earnings of production and nonsupervisory employees in the retail trade sector. It is a key indicator of labor market conditions and consumer purchasing power.
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 retail trade earnings series provides insights into wage growth and the strength of consumer demand. It is used by economists, policymakers, and analysts to assess the overall health of the U.S. economy.
Methodology
This data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Retail trade earnings are closely watched for their potential impact on consumer spending and inflation.
Key Facts
- Retail trade employs over 15 million workers in the U.S.
- Wages in this sector have increased by 4.2% over the past year.
- Retail trade accounts for nearly 6% of total U.S. economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of production and nonsupervisory employees in the retail trade sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: Retail trade earnings are an important indicator of consumer purchasing power and the overall health of the labor market. This data is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Retail trade earnings are used by the Federal Reserve and other policymakers to assess labor market conditions and consumer spending patterns, which inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of 2-3 months from the end of the reference period.
Related Trends
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Residential Property Prices for Portugal
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Portugal
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Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Portugal
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRHU24FEPTQ156N), retrieved from FRED.