Unemployment to Population Rate: All Ages: Females for Germany
Annual, Seasonally Adjusted
LRUPTTFEDEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.34
Year-over-Year Change
-51.37%
Date Range
1/1/2005 - 1/1/2013
Summary
The Annual, Seasonally Adjusted trend measures changes in unit labor costs, a key indicator of inflation pressures and productivity in the U.S. 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
Unit labor costs represent the average cost of labor per unit of output, calculated as the ratio of total labor compensation to real output. This metric is widely used by economists and policymakers to assess inflationary trends and labor market dynamics.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on Bureau of Labor Statistics information.
Historical Context
Monitoring unit labor costs is crucial for the Federal Reserve and other institutions to inform monetary policy decisions.
Key Facts
- Unit labor costs rose 5.5% in 2022.
- Rising labor costs can contribute to higher consumer prices.
- Productivity growth helps offset the impact of higher labor costs.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures changes in unit labor costs, which represent the average cost of labor per unit of output.
Q: Why is this trend relevant for users or analysts?
A: Unit labor costs are a key indicator of inflation pressures and labor market dynamics, making this metric crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on Bureau of Labor Statistics information.
Q: How is this trend used in economic policy?
A: Monitoring unit labor costs is crucial for the Federal Reserve and other institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUPTTFEDEA156S), retrieved from FRED.