Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Luxembourg
LFEAICTTLUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,000.00
Year-over-Year Change
-3.10%
Date Range
1/1/2007 - 1/1/2025
Summary
This economic trend measures total employment across all industries, including construction, in Luxembourg. It provides insight into the overall labor market and economic activity in 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 Luxembourg data series tracks the total number of individuals employed across all economic sectors in Luxembourg on a monthly basis. This metric is a key indicator of the country's labor market and overall economic performance.
Methodology
The data is collected through surveys of businesses and households conducted by the Luxembourg statistical agency.
Historical Context
This employment data is closely monitored by policymakers, economists, and market analysts to gauge the health of the Luxembourgish economy.
Key Facts
- Luxembourg has a highly developed, service-oriented economy.
- The country's unemployment rate is consistently among the lowest in the EU.
- Employment data is a leading indicator of economic performance in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of individuals employed across all industries, including construction, in Luxembourg on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Employment data is a key indicator of economic activity and the health of the labor market, making this metric highly relevant for policymakers, economists, and market analysts monitoring the Luxembourgish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the Luxembourg statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this employment data to gauge the overall performance of the Luxembourgish economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Luxembourg (LFEAICTTLUQ647S), retrieved from FRED.