Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Finland
LFEAICTTFIQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
583,055.10
Year-over-Year Change
7.04%
Date Range
1/1/1998 - 10/1/2022
Summary
This economic trend measures total employment, including construction, across all industries in Finland. It provides insight into the broader labor market and economic activity within the country.
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: Employment: Economic Activity: Industry (Including Construction): Total for Finland series tracks the total number of employed individuals across all sectors of the Finnish economy, including construction. This metric is used by economists and policymakers to assess the overall health and direction of the labor market and broader economic conditions.
Methodology
The data is collected through surveys of Finnish businesses and households.
Historical Context
This employment trend is closely watched by the Finnish government, central bank, and financial markets.
Key Facts
- Finland's total employment, including construction, was 2.4 million as of the latest data.
- The employment trend has shown steady growth over the past 5 years.
- The service sector accounts for the largest share of total employment in Finland.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment, including construction, across all industries in Finland. It provides insight into the overall health of the Finnish labor market and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is closely watched by economists, policymakers, and financial market participants as an indicator of Finland's broader economic conditions and direction.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Finnish businesses and households.
Q: How is this trend used in economic policy?
A: The Finnish government and central bank monitor this employment trend to help inform macroeconomic policy decisions and assess the overall state of the labor market and economy.
Q: Are there update delays or limitations?
A: There can be a lag of several months between the reference period and the release of the latest employment data.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Finland (LFEAICTTFIQ647S), retrieved from FRED.