Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for Spain
LFAC24TTESQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,793,988.00
Year-over-Year Change
13.15%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the total labor force for individuals aged 15 to 24 in Spain. It provides important insights into youth employment and economic participation.
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 Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for Spain metric tracks the size of the active labor force for Spanish citizens in the 15-24 age group. This data is crucial for evaluating youth employment trends and informing policy decisions.
Methodology
The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Historical Context
This labor force statistic is widely used by economists, policymakers, and labor market analysts to assess the economic health and opportunities for young workers in Spain.
Key Facts
- The data is reported on a monthly basis.
- Spain's youth labor force totaled over 3.5 million in 2021.
- Youth labor force participation rates in Spain are lower than the OECD average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 15 to 24 who are actively participating in the Spanish labor force.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for evaluating youth employment trends and informing policy decisions related to economic opportunities for young workers in Spain.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Q: How is this trend used in economic policy?
A: This labor force statistic is widely used by economists, policymakers, and labor market analysts to assess the economic health and opportunities for young workers in Spain.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical release delay of around 4-6 weeks.
Related Trends
Consumer Price Index: Education (COICOP 10): Total for Spain
ESPCP100000GPM
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Spain
LFEMTTTTESA647N
General government net lending/borrowing for Spain
GGNLBAESA188N
Composite Leading Indicators: Composite Leading Indicator (CLI) Trend Restored for Spain
ESPLOLITOTRGYSAM
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Spain
LFHUADFEESQ647N
Value of Exports to Spain from Delaware
DEESPA052SCEN
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for Spain (LFAC24TTESQ647S), retrieved from FRED.