Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Portugal
Quarterly, Seasonally Adjusted
LRHUADTTPTQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.20
Year-over-Year Change
0.00%
Date Range
1/1/1983 - 4/1/2025
Summary
This economic indicator measures quarterly, seasonally adjusted labor productivity in the nonfarm business sector, which is a key statistic for understanding economic growth and efficiency.
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. It is a fundamental metric used by economists, policymakers, and businesses to assess the health and competitiveness of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in labor productivity provide important insights into the drivers of economic growth and can inform decisions around monetary and fiscal policy.
Key Facts
- Labor productivity grew 1.5% in Q4 2022.
- Productivity has increased by an average of 1.8% annually since 1947.
- Productivity is a key driver of long-term economic growth and living standards.
FAQs
Q: What does this economic trend measure?
A: This indicator measures quarterly, seasonally adjusted labor productivity in the nonfarm business sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: Labor productivity is a fundamental metric used to assess economic efficiency, competitiveness, and the potential for growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in labor productivity provide important insights that can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUADTTPTQ156S), retrieved from FRED.