Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Luxembourg
LFEM25TTLUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
257,675.00
Year-over-Year Change
30.75%
Date Range
1/1/2003 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Luxembourg' series measures the total number of employed persons aged 25 to 54 in Luxembourg. This key labor market indicator provides insights into the prime-age workforce and economic activity.
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
This employment trend represents the total number of persons aged 25 to 54 who are currently employed in Luxembourg. It is a valuable indicator of labor force participation and economic conditions, used by policymakers and analysts to assess the strength of the prime-age workforce.
Methodology
The data is collected through household surveys conducted by the national statistical agency.
Historical Context
This employment statistic is widely referenced by economists, policymakers, and market analysts to gauge the health of the Luxembourgish economy.
Key Facts
- Luxembourg's prime-age employment rate is among the highest in Europe.
- Employment levels in this age group have remained relatively stable over the past decade.
- The 25-54 age cohort accounts for over 60% of Luxembourg's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons aged 25 to 54 in Luxembourg, providing insights into the size and strength of the prime-age workforce.
Q: Why is this trend relevant for users or analysts?
A: This employment statistic is a key indicator of economic health and labor force participation, used by policymakers and analysts to assess the Luxembourgish economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the national statistical agency.
Q: How is this trend used in economic policy?
A: This employment trend is widely referenced by economists, policymakers, and market analysts to gauge the strength of the Luxembourgish economy and labor market.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule with minimal delays, providing timely insights into Luxembourg's prime-age employment levels.
Related Trends
Real Broad Effective Exchange Rate for Luxembourg
RBLUBIS
Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Luxembourg
FUELS0LUM086NEST
U.S. Exports of Goods by F.A.S. Basis to Luxembourg
EXP4239
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Luxembourg
NAEXKP04LUQ189S
Remittance Inflows to GDP for Luxembourg
DDOI11LUA156NWDB
Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Seasonal Food for Luxembourg
00XESELUM086NEST
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Luxembourg (LFEM25TTLUA647N), retrieved from FRED.