Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Spain
LFEMTTTTESA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.02
Year-over-Year Change
-286.20%
Date Range
1/1/1957 - 1/1/2023
Summary
This economic trend measures total employment for individuals aged 15 and over in Spain. It provides a comprehensive overview of labor market dynamics and is a key indicator for economists and policymakers.
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: 15 Years or over for Spain tracks the total number of employed individuals in Spain aged 15 and above. This metric is widely used to analyze the health and performance of the Spanish labor market.
Methodology
The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Historical Context
This employment trend is closely monitored by economists, policymakers, and market analysts to assess the state of the Spanish economy.
Key Facts
- Spain's total employment rate is 62.4% as of the latest data.
- Employment in Spain has grown by 3.2% over the past year.
- The service sector accounts for the largest share of employment in Spain.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals aged 15 and over in Spain, providing a comprehensive view of the country's labor market.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a key indicator used by economists, policymakers, and market analysts to assess the health and performance of the Spanish economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by the Spanish government and the European Union to inform economic policies and labor market interventions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be some delays in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Spain (LFEMTTTTESA657S), retrieved from FRED.