Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Brazil
LFEM24TTBRM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,669,504.00
Year-over-Year Change
-13.94%
Date Range
3/1/2002 - 11/1/2015
Summary
This economic trend measures employment for Brazilians aged 15 to 24 years. It provides valuable insights into the youth labor market and is an important indicator of economic conditions and opportunities for young workers.
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 Total: From 15 to 24 Years for Brazil' series tracks the total number of employed individuals in Brazil within the 15 to 24 years age group. This metric is widely used by economists and policymakers to analyze the health of the youth labor market and inform decisions related to employment, education, and social policies.
Methodology
The data is collected through household surveys conducted by the Brazilian statistical agency.
Historical Context
This trend is closely monitored by government agencies, central banks, and international organizations to assess the economic and social well-being of young Brazilians.
Key Facts
- Brazil has a large young population, with over 50 million people aged 15-24.
- Youth unemployment in Brazil has been a persistent challenge, often exceeding the national average.
- Employment trends for young Brazilians can provide insights into the country's economic development and social mobility.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment of Brazilians aged 15 to 24 years, providing insights into the youth labor market in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the economic and social conditions faced by young Brazilians, which can inform policy decisions related to employment, education, and social welfare.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Brazilian statistical agency.
Q: How is this trend used in economic policy?
A: Government agencies, central banks, and international organizations closely monitor this trend to assess the economic and social well-being of young Brazilians and inform related policy decisions.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual (i.e., more frequent than annual) basis, but may be subject to lags or revisions due to the survey methodology.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Brazil (LFEM24TTBRM647S), retrieved from FRED.