Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Estonia
Seasonally Adjusted
LFEAINTTEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118,525.00
Year-over-Year Change
-11.71%
Date Range
1/1/1998 - 1/1/2024
Summary
The Seasonally Adjusted employment-to-population ratio measures the percentage of the civilian noninstitutional population aged 16 and over that is employed. It is a key indicator of labor market health and workforce 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 Seasonally Adjusted employment-to-population ratio tracks the share of the adult civilian population that is employed. It provides a comprehensive view of labor force utilization and is widely used by economists and policymakers to assess the strength of the job market.
Methodology
The data is collected through the Current Population Survey and adjusted for seasonal variations.
Historical Context
The employment-to-population ratio is an important complement to the unemployment rate in evaluating the state of the labor market and informing economic and workforce policies.
Key Facts
- The employment-to-population ratio reached a low of 56.8% in April 2020 during the COVID-19 pandemic.
- The ratio has gradually recovered, reaching 59.7% as of March 2023.
- Women's employment-to-population ratio is lower than men's, reflecting persistent gender gaps in the labor force.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment-to-population ratio measures the percentage of the civilian adult population that is employed. It provides a comprehensive view of labor force utilization.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a key indicator of labor market health and workforce participation, complementing the unemployment rate in assessing the strength of the job market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: The employment-to-population ratio is an important metric used by economists and policymakers to evaluate the state of the labor market and inform economic and workforce policies.
Q: Are there update delays or limitations?
A: The employment-to-population ratio data is published monthly with a short delay, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (LFEAINTTEEA647S), retrieved from FRED.