Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Estonia
LFEM74TTEEQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.16
Year-over-Year Change
-110.16%
Date Range
4/1/2000 - 7/1/2023
Summary
This economic trend measures total employment for individuals aged 15 to 74 in Estonia. It provides valuable insights into the Estonian labor market and overall 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
The Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Estonia trend tracks the total number of employed individuals within a specific age range in the country. This data point is widely used by economists and policymakers to analyze workforce participation, labor market dynamics, and broader economic conditions.
Methodology
The data is collected through nationally representative household surveys.
Historical Context
This employment trend is a key indicator for assessing the health of the Estonian economy and informing policy decisions.
Key Facts
- Estonia's employment rate for ages 15-74 was 72.4% in 2021.
- Employment has grown steadily in Estonia since the early 2010s.
- 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 number of employed individuals aged 15 to 74 in Estonia, providing insights into the country's labor market.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a key indicator for assessing the health of the Estonian economy and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment data to analyze workforce participation, labor market dynamics, and broader economic conditions in Estonia.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in availability due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Estonia (LFEM74TTEEQ657N), retrieved from FRED.