Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Norway
LFEM74MANOA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,521,925.00
Year-over-Year Change
11.84%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the employment rate for men aged 15 to 74 in Norway. It provides insight into the Norwegian labor market and workforce dynamics.
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 74 Years for Norway series tracks the monthly employment rate for Norwegian men within a specific age range. This data is used by economists and policymakers to analyze workforce participation, economic activity, and labor market trends.
Methodology
The data is collected through national labor force surveys conducted by Statistics Norway.
Historical Context
This metric is relevant for assessing the health of the Norwegian economy and informing economic and employment policies.
Key Facts
- Norway has a high overall employment rate compared to other European countries.
- Male employment is a key indicator of economic activity and workforce dynamics.
- Employment data is used to inform policy decisions and economic forecasting.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly employment rate for Norwegian men aged 15 to 74 years old.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the Norwegian labor market and workforce participation, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics Norway.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess the health of the Norwegian economy and inform employment and economic policies.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be some delays in data reporting and potential limitations in survey coverage.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Norway (LFEM74MANOA647N), retrieved from FRED.