Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Russia
LFEM74TTRUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71,651,000.00
Year-over-Year Change
3.39%
Date Range
1/1/1992 - 1/1/2021
Summary
This economic trend measures total employment levels for individuals aged 15 to 74 in Russia. It provides important insights into the country's 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 Russia trend tracks the total number of employed persons between the ages of 15 and 74 in the Russian Federation. This metric is a key indicator of the health and dynamics of the Russian labor market and broader economy.
Methodology
The data is collected through household surveys conducted by the Federal State Statistics Service of Russia.
Historical Context
This employment trend is closely monitored by policymakers, economists, and market analysts to assess Russia's economic performance and guide policy decisions.
Key Facts
- Russia's employment levels have remained relatively stable in recent years.
- Employment trends tend to correlate with GDP growth in the Russian economy.
- Labor force participation rates provide important context for interpreting employment data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons aged 15 to 74 in Russia, providing insights into the country's labor market and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a crucial indicator of economic performance and help inform policy decisions, market analysis, and assessments of Russia's economic health.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Federal State Statistics Service of Russia.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this employment trend to assess Russia's economic performance and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be some delays in availability or limitations in coverage that users should be aware of.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Russia (LFEM74TTRUA647N), retrieved from FRED.