Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Estonia
LFEM64TTEEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
653,975.00
Year-over-Year Change
9.27%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the total employment of individuals aged 15 to 64 in Estonia. It provides valuable insights into the Estonian labor market 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 Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Estonia tracks the total number of employed persons between the ages of 15 and 64 in the country. This data is used by economists and policymakers to analyze workforce trends, labor force participation, and broader economic conditions.
Methodology
The data is collected through household surveys conducted by the Estonian statistical agency.
Historical Context
This employment trend is a key indicator of economic activity and labor market health in Estonia.
Key Facts
- Estonia's employment rate for ages 15-64 was 75.9% in 2021.
- Employment in this age group has increased by 4.3% since 2015.
- The services sector accounts for the largest share of Estonian employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment of individuals aged 15 to 64 in Estonia, providing insights into the country's labor market and workforce participation.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a key indicator of economic activity and labor market health in Estonia, which is useful for economists, policymakers, and those analyzing the Estonian economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: This employment trend is used by economists and policymakers to monitor workforce trends, labor force participation, and broader economic conditions in Estonia.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the Estonian statistical agency, but there may be occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Estonia (LFEM64TTEEA647N), retrieved from FRED.