Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Austria
Quarterly, Seasonally Adjusted
LRHUADFEATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.80
Year-over-Year Change
33.33%
Date Range
1/1/1994 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the labor productivity change for the total U.S. economy. This key economic indicator is widely used by policymakers and analysts to assess the overall efficiency and health of the economy.
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 is a measure of economic output per hour worked. Tracking productivity trends is crucial for understanding long-term economic growth, as well as evaluating the impacts of factors like technological innovation, workforce changes, and policy decisions.
Methodology
This series is calculated by the U.S. Bureau of Labor Statistics using data on real GDP and total hours worked.
Historical Context
Productivity data is closely monitored by the Federal Reserve and other policymakers to inform decisions around interest rates, employment, and macroeconomic policy.
Key Facts
- Productivity growth averaged 1.5% annually from 2010-2020.
- Improving productivity is crucial for raising living standards over time.
- The COVID-19 pandemic caused a 3.8% drop in U.S. labor productivity in 2020.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the change in labor productivity for the overall U.S. economy. It tracks the real output produced per hour worked.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a key driver of long-term economic expansion and rising living standards. Monitoring productivity trends helps policymakers and businesses assess the economy's efficiency and competitiveness.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics calculates this series using data on real GDP and total hours worked in the economy.
Q: How is this trend used in economic policy?
A: Productivity data is closely watched by the Federal Reserve and other policymakers to inform decisions around interest rates, employment, and broader macroeconomic policy.
Q: Are there update delays or limitations?
A: This quarterly series is published with a lag of approximately 2-3 months. The data may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUADFEATQ156S), retrieved from FRED.