Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Norway
LFEM64MANOA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,447,425.00
Year-over-Year Change
10.22%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the employment rate for Norwegian men aged 15 to 64 years. Understanding labor force participation is crucial for economists and policymakers studying workforce dynamics and economic growth.
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 Male: From 15 to 64 Years for Norway trend provides detailed data on the employment status of working-age Norwegian men. This metric offers valuable insights into Norway's labor market and can inform policies aimed at promoting employment and economic stability.
Methodology
This data is collected through household surveys conducted by Norway's national statistical agency.
Historical Context
Policymakers and labor market analysts use this trend to assess the strength of Norway's workforce and identify potential areas for economic intervention.
Key Facts
- Norway's male employment rate is consistently high compared to other OECD countries.
- The 15-64 age group represents the core of Norway's working-age population.
- Employment data is a key indicator of economic health and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for Norwegian men aged 15 to 64 years, providing insights into the composition and participation of Norway's labor force.
Q: Why is this trend relevant for users or analysts?
A: Understanding male labor force participation is crucial for economists and policymakers studying workforce dynamics, economic growth, and the effectiveness of labor market policies in Norway.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by Norway's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and labor market analysts use this trend to assess the strength of Norway's workforce and identify potential areas for economic intervention to promote employment and economic stability.
Q: Are there update delays or limitations?
A: This data is published on an infra-annual basis, so there may be some delay in the most recent observations compared to the current economic conditions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Norway (LFEM64MANOA647S), retrieved from FRED.