Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 24 Years for Slovak Republic
Quarterly, Not Seasonally Adjusted
LRIN24FESKQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.60
Year-over-Year Change
-1.36%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic indicator measures the quarterly total labor input, including hours worked and full-time equivalent employees, in the nonfarm business sector on a not seasonally adjusted basis. It provides insights into labor productivity and economic output.
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 labor input series tracks the total labor input, which combines hours worked and full-time equivalent employees, in the nonfarm business sector. This metric is used by economists to analyze labor productivity and assess overall economic performance.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this labor input metric to inform decisions and forecasts related to the health of the U.S. economy.
Key Facts
- The labor input combines hours worked and full-time equivalent employees.
- This metric is not seasonally adjusted, providing a raw view of labor trends.
- Analysts use this data to assess the efficiency and growth of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total labor input, including hours worked and full-time equivalent employees, in the nonfarm business sector on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This labor input metric provides insights into labor productivity and overall economic performance, which are crucial for informed policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this labor input metric to inform decisions and forecasts related to the health and growth of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of several weeks after the end of the reporting period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRIN24FESKQ156N), retrieved from FRED.