Federal Reserve Economic Data

FRED Graph


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Notes

Source: U.S. Bureau of Economic Analysis  

Release: Gross Domestic Product  

Units:  Millions of hours, Not Seasonally Adjusted

Frequency:  Annual

Notes:

BEA Account Code: B4701C

For more information about this series, please see http://www.bea.gov/national/.

Suggested Citation:

U.S. Bureau of Economic Analysis, Hours worked by full-time and part-time employees [B4701C0A222NBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/B4701C0A222NBEA, .

Source: U.S. Bureau of Economic Analysis  

Release: Gross Domestic Product  

Units:  Chained 2017 Dollars, Seasonally Adjusted Annual Rate

Frequency:  Quarterly

Notes:

BEA Account Code: A939RX

For more information about this series, please visit the Bureau of Economic Analysis.

Suggested Citation:

U.S. Bureau of Economic Analysis, Real gross domestic product per capita [A939RX0Q048SBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/A939RX0Q048SBEA, .

Source: U.S. Bureau of Labor Statistics  

Release: Weekly and Hourly Earnings from the Current Population Survey  

Units:  1982-84 CPI Adjusted Dollars, Seasonally Adjusted

Frequency:  Quarterly

Notes:

Data measure usual weekly earnings of wage and salary workers. Wage and salary workers are workers who receive wages, salaries, commissions, tips, payment in kind, or piece rates. The group includes employees in both the private and public sectors but, for the purposes of the earnings series, it excludes all self-employed persons, both those with incorporated businesses and those with unincorporated businesses.
Usual weekly earnings represent earnings before taxes and other deductions and include any overtime pay, commissions, or tips usually received (at the main job in the case of multiple jobholders). Prior to 1994, respondents were asked how much they usually earned per week. Since January 1994, respondents have been asked to identify the easiest way for them to report earnings (hourly, weekly, biweekly, twice monthly, monthly, annually, or other) and how much they usually earn in the reported time period. Earnings reported on a basis other than weekly are converted to a weekly equivalent. The term "usual" is determined by each respondent's own understanding of the term. If the respondent asks for a definition of "usual," interviewers are instructed to define the term as more than half the weeks worked during the past 4 or 5 months. Visit the BLS for more information.

The series comes from the 'Current Population Survey (Household Survey)'

The source code is: LES1252881600

Suggested Citation:

U.S. Bureau of Labor Statistics, Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over [LES1252881600Q], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/LES1252881600Q, .

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Percent, Seasonally Adjusted

Frequency:  Monthly

Notes:

The series comes from the 'Current Population Survey (Household Survey)'
The source code is: LNS11300000

The Labor Force Participation Rate is defined by the Current Population Survey (CPS) as “the number of people in the labor force as a percentage of the civilian noninstitutional population […] the participation rate is the percentage of the population that is either working or actively looking for work.”

The Labor Force Participation Rate is collected in the CPS and published by the BLS. It is provided on a monthly basis, so this data is used in part by macroeconomists as an initial economic indicator of current labor market trends. The labor force participation rate helps government agencies, financial markets, and researchers gauge the overall health of the economy.

Note that long-run changes in labor force participation may reflect secular economic trends that are unrelated to the overall health of the economy. For instance, demographic changes such as the aging of population can lead to a secular increase of exits from the labor force, shrinking the labor force and decreasing the labor force participation rate.

For more information, see:
U.S. Bureau of Labor Statistics, CES Overview
U.S. Bureau of Labor Statistics, Concepts and Definitions (CPS)

Suggested Citation:

U.S. Bureau of Labor Statistics, Labor Force Participation Rate [CIVPART], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CIVPART, .

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Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over

Annual, Not Seasonally Adjusted Quarterly, Not Seasonally Adjusted

Labor Force Participation Rate

Monthly, Not Seasonally Adjusted

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